Crude oil in Trouble
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Oil stocks have been in trouble with the XLE and the XOP and we worry about a Nov. cycle low for them also. At best the XLE might recover to 75.72 if it goes up with a rebound in the stock market due the first few weeks of October. We worry about seeing 60.92 next. How low will crude fall into the late fall?
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For short-term traders and moderately active swing futures traders. Markets covered: S&P 500 T-notes Dollar Euro Gold Silver Crude Oil Bitcoin Futures.