For sure we need to expect at least some kind of technical correction in Crude. BUT if we do not get a higher high a Head and Shoulders pattern should be expected to develop targeting the 30 Region... Last COT Data are some bit of meaningless since commercials were on hold due to elections. Next week should tell us a bit more.
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Huups, was veteran's day and COT Data will be published Monday... Let's have a look!
