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Oil Gap Monday

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Another Monday morning and another big gap down in Oil: OIL 15 Minute: On the blog we’ve been following the longer term OIL chart for weeks (click make it live) and trying to warn about the dangers of picking bottoms in such a strong bearish trend. Every single time that the bulls get some legs and try to test resistance, headlines about oil’s recovery flood the wires. But not a single technical case has been mounted to even dip your toes into oil longs! With international sanctions lifted on

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