June Crude/Plunges *PIC*

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June Crude poked its nose above $105 resistance Wed and Thursday as well as above the downtrendline and reversed back down again. A two day wonder fakeout that must have caught a lot of people long again. Thankfully the double bull Crude ETF:UCO never did have a false breakout and stayed under $45 resistance so I never got tempted to go long. Whew..................nice save. Gotta love those ETFs.

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June Crude/Plunges *PIC*

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