Monday, July 6, 2009
Crude
Crude appears to have put in a B wave triangle in early action. I took another 1/4 off of my USO puts for $2.50 profit. We MAY have ended 3 of C, however, its way to early to tell. If we have, I would expect a retrace back to at least the 23.6%, but more than likely the 38.2% just under 67.
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