$CL_F (US Oil) 10.3.2013

Expect marginal new highs to 105.00 to complete wave A as a FLAT. This should result in a wave B pull back  and further strength toward 106.67 – 107.99 to complete wave ( B ). Hourly cycles are negative but we don’t recommend selling in wave B as more upside would be expected after that.

 

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