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WTI futures futures trade lower on Friday to end the month below $78. Todd Colvin has more.
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Main scenario: consider short positions from corrections below the level of 87.75 with a target of 67.60 57.00. Alternative scenario: breakout and consolidation above the level of 87.75 will allow the asset to continue rising to the levels of 94.00 100.00. Analysis: supposedly, a downward correction continues developing as second wave of larger degree ...