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Crude Oil Price Forecast: Extended with Levels to Watch

CRUDE OIL TECHNICAL HIGHLIGHTS: Trading well above major long-term resistance. Watching levels that lie just ahead from years prior. Outlook remains generally bullish until proven otherwise. Energy has been on a tear, with crude oil having recently broke above a major long-term threshold. Right around 77 was big resistance from a decade ago, a level we discussed as being pivotal for the broader outlook on oil. Now that it is well above that level we need to tur


MongiIG in Market News

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