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OIL Lower Parallel Line Breakdown Update - December 8, 2014

Crude OIL is now close to 61.8% Fibonacci Retracement Level. If the 61.8% Fibonacci Retracement Level will not HOLD, the price of OIL might go to 50 Level. See here for previous analysis http://pse-news.blogspot.com/2014/11/oil-lower-parallel-line-breakdown.html




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