Though ERX is sitting just below a major support line, whipsaws are common. With extreme oversold nature of Crude and energy, expect a retest of at least 38+. 48 if we continue trending higher.
Wednesday, May 19, 2010
ERX - Long
Though ERX is sitting just below a major support line, whipsaws are common. With extreme oversold nature of Crude and energy, expect a retest of at least 38+. 48 if we continue trending higher.
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