NFTRH’s target for Crude Oil has been 62 ever since its break from the bottoming pattern in early April. This chart refines it to 64. Apparently the Saudis are talking price increase and the US supply glut is easing. Whatever, the chart preceded the news and the target is just above.
Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.
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