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Crude Oil ~ Daily
Here is the updated July (not June) futures daily chart we shared with our brokerage clients and subscribers. We are trading within a large megaphone pattern, with an insanity pivot line near $92.00, if that level gives way, it is a sign of normalization, and we should see the mid-to-low $70.00s pretty quickly. Meanwhile, the top of the range comes in near $105/$107; any rally to those levels is probably a place to be a bear. #crude #oil #crudeoil #war #iran #gas