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Posted on March 2, 2022 5:56 am by engrbytrade_tech

Crude Oil: Parabolic Move

The pullback in crude oil noted on February 15, 2022 hit 89.06 in overnight trading on February 18, 2022 and moved up to 111.47 in last night’s trading session. Structural calculations indicate a parabolic move up to 149.98 (+/- 1 %) is expected prior to a sharp decline.

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