Oil Post Election

Much Like Gold, Oil Charts are looking 50:50 technically, and the election has a lot to do with this.

If Oil Corrects upward, expect 47 top. There are plenty of bottoms on multiple scales saying a correction makes sense technically.
However, If it keeps dropping for political reasons or OPEC announcements, expect high 30's.
Regardless, Oil will be Bearish on longer trends.


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