Tuesday, January 3, 2012

WTI Oil Continues To Climb Higher

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WTI Crude Oil is breaking higher today around $102.50 on U.S. - Iranian geopolitical tensions. ITZ has focused on Proshares Ultra Crude Oil ETF - UCO & Direxion Energy Bul - ERX. Noting an Inverted Head & Shoulders formation on the daily chart. ERX Chart

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