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Smollet

Long cycle on Crude Oil begin

Long
Light Crude Oil Futures (NYMEX:CL1!)  
Smollet Updated   
NYMEX:CL1!   Light Crude Oil Futures
Technical Indicators Fundamental Analysis
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indicator fundamental
Based on the CFTC COT reports Commercials were in buys, while big correction in crude oil happened. Crude Oil will started new rising cycle.

Resume
CFTC COT confirmed Trend: Long
TA Trend: Long
Comment:
Confirmed
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