Wednesday, October 17, 2012

WTI Crude Oil Heading To $98

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WTI Crude Oil is testing it's neckline around $92.50 on an Inverted Head & Shoulders. ITZ continues to be bullish on crude and has a $98 upside target. ITZ has used the Proshares Ultra Crude Oil ETF (UCO) on the long side and SCO on the short side.

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