LEONES

Crude Oil WTI over-supply - 2nd

Short
NYMEX:CLQ2013   Crude Oil Futures (Aug 2013)
Entered too early and got stopped - Retry tomorrow. The market could start a sharp sell off on the 2nd or 3rd of July. 96.00 would be my entry point with first target objective 91.50. Crude Oil has retraced to an interesting Fib level from the last pivot low (92.67) and is currently trading close to the downward sloping upper parallel. 'Voices' that the market is over supplied. Weekly chart snapshot here A video from the Commodity week in Dubai to make it more interesting marketing.platt...dity-week-dubai?mvr=vancw&...

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