Crude oil seems ready for a rally in April2014. Targeting 106.0 approx on 24 April 2014 - intersection of the two bull median lines. Net funds increasing are increasing the longs following the trend (400k contracts)
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QuantitativeExhaustion
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Very nice call on this one
LEONES
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yes thank you, I'm out now - took the profit earlier than the original target
LEONES
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I'll take some profits here (50%)
OldGoat
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My analysis (too messy to publish right now) comes up within pennies of your target (106.01-106.09), which makes a very good C point for a Bullish Butterfly with the D point landing in late summer around 79 (78.06-82.06).
Thanks for publishing this chart. May all your trades be profitable ones.