INFINITY SQUARE

COMMENTARY FROM THE RIGHT ON ISSUES OF THE DAY... WORLD EVENTS, NATURAL DISASTERS, MARKET FORECASTS, POLITICS AND MORE.

Sunday, July 10, 2005

U.S. Light Crude Oil (59.63)

Light crude remains in a strong long term uptrend, and has satisfied my short term $60 area upside target. Now I would like to see a sharp short term correction to the $50 area (give or take $3), once this top formation has been completed.

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