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eliottWaves_oil_body_crude.png, Crude New High Would Face Resistance at 99 Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Commodity Analysis: Crude has broken steep trendline support. Trendlines break of this angle are often false, which appears to be the case here. In the event of a new high, watch 99 and the underside of former trendline support for resistance.

Commodity Trading Strategy: Flat

LEVELS: 9264 9379 9494 9821 9899 10040

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