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9 Sep 2020 ‚óŹ 06:25 AM

I mentioned this last week, Oil is in wave 2 down and depth is not clear. Reason is that the move in wave 1 up was big from the low of 6$. Now a 23.6% retracement is at 35, and the RSI is already 24.78, so we are oversold and can fall a bit more but could bottom in wave c of 2 down soon.

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