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Crude on the mat and not looking good

Crude on the mat and not looking good

Crude Oil WTI NYMEX:CLV2015

Crude is getting real ugly. This product will test you. While there is no doubt that oil in the 30"s is attractive it would be painful to buy on the way down. Nobody...and we mean nobody knows how far crude will go. However, we will watch the Descending Channel for an upside break.