Thursday, August 16, 2012

WTI Crude Oil Near Term Overbought

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ITZ sees a bit more upside here for WTI Crude Oil on the futures charts, below are the 1 hour & 8 hour chart. ITZ suggests using Proshares Ultra Crude Oil ETF (UCO) & Proshares Ultra Short Crude Oil (SCO).
click on charts to expand images

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