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TFC Commodity Trading Forum

August Crude/Continues to Soar *PIC*

Aug Crude broke up over the very bullish 6 week Inverse Head & Shoulder pattern and continues to rally. A pullback to the neckline at 87.60 would be a conservative way to buy this breakout. No gurantee it will pullback anytime soon but is common. Meanwhile there is very little price resistance all the way to 102.