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Inside Investor

The Correct Price for Crude Oil

The Correct Price for Crude Oil

With the flattish nature of its action over the past several months, oil seems to have reached a tipping point on price.  It’s almost as if the charts are saying that oil either must break up or break down, if long-term trendlines are going to be respected.

Barrons took the opportunity to plump for a downside break last weekend, a prediction I have vigorously argued against in…

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