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ITZ suggests raising the STOP from $54.50 to $55. UCO tested $55 this morning and is now @ $55.60, Crude tested yesterday afternoon's lows $104.80 level. WTI crude is losing momentum here, the charts indicate it is topping. ITZ is looking to exit the long side of oil & enter the short side via Proshares Ultra Short Crude Oil SCO around $42. Chart Stay tuned here or follow ITZ on Twitter
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