Must be all that Gasoline demand out there. Maybe their crankin' up the runs. Or somebody's diversifying out of Euro's into WTI ??
Or maybe GS ate another customer.
In any case the 50% retrace of $84 to $69.50 (the spot mo. move down) is at 76.70.
A Discussion of Technical Analysis, Elliott Wave Theory, and Fibonacci Ratio's focusing on Energy Mkt.s Crude, Products, and Natural Gas. Occasional Fundamental Analysis, Energy News and Rumor.
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