Crude Oil: 2009-2011

Stock chart courtesy of StockCharts.com.

Changes within Crude Oil intermarket futures trading data indicate WTI is being manipulated to develop a broadening structure (shown above). This is similar to what was developed between September 14, 2009 and January 3, 2011. If WTI moves above the upper trend line, then a price of $134 would be expected before moving lower.

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