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Crude Oil- Dips Are A Buy And Higher Prices Are On The Horizon

Crude Oil- Dips Are A Buy And Higher Prices Are On The Horizon

October 25, 2017

Crude oil put in a bullish key reversal trading pattern on the daily chart on Tuesday, October 24 and many of the factors that comprise market structure are looking bullish for the energy commodity. In my latest work for Seeking Alpha, I examine the pieces of market structure including processing, location, quality, and term structure spreads as well as the technical picture that tells us that fundamentals and technicals are pointing to a challenge of the 2017 high and perhaps a higher high for the energy commodity before the end of this year.

Article: Crude Oil- Dips Are A Buy And Higher Prices Are On The Horizon

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