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On Sept. 12 it was noted that crude oil was setting up an ascending triangle.
On a hourly chart crude is now possibly setting up a 'bear flag', Itz continues to see lower prices ahead for crude oil. Here's a link to a report from thestreet.com on the fundamentals of crude oil. >>LINK
Itz favors using Proshares ETF's such as SCO and/or UCO to trade, see more up-to-date commentary at Twitter