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My Oil bottom call last winter


Last January I made some bold predictions on crude oil. When the Analysts at Goldman Sachs and several other larger firms where calling for oil to go under $20 a barrel, I tweeted that WTI Oil would bounce off the Floor traders YearlyS1 Pivot point @ $26.85 on the Feb. cntc.

The low of the year was actually at $26.05 intraday. Over a month period CL oil made an IHS pattern on the YearlyS1 Floor Traders Pivot.

Then had rallied back up to the Yearly(P) Pivot in May. Price moves Pivot to Pivot.

june cl

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