The Oil Cycle Due To Bottom at Lower Levels

Posted by SmartMoneyTracker

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Screen Shot 2017-03-21 at 7.04.35 AM

The yearly cycle low in oil is due this spring, probably in April or early May. Odds are high that oil will drop to below $42 a barrel.

 

Click on chart below for price action to Mar 21st 7am PST

Screen Shot 2017-03-21 at 7.04.35 AM

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