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Inside Investor

Oil Market Forecast & Review 19th April 2013

Oil Market Forecast & Review 19th April 2013

Last week’s technical report suggested that June crude oil was poised for a volatile move because of the triangle chart pattern formation it had formed. Although the chart pattern indicated that the market could trade sideways for several weeks, bearish traders couldn’t wait and drove the market through support with a vengeance.

Following the break through the support line at…

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