Got stopped out of my Friday oil entry at the late week reversal. I will try again as I am still bearish on oil for a while longer until October.
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Monitoring for entries...
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First short entered. Look to enter more if we spike up on inventory report.
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Of course, it may go like this, another boring touch of 50 before abyss.
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48 is a big resistance area for oil, so by greatest probability, in a bear scenario, it should reverse from 48.