perhaps crude oil will rise as high as $100 a barrel. Regardless, it looks like the $70 level underneath is going to be the floor the market as the 50 day EMA is crossing the 240MA , bring in even more attention and potential support to that region. All things been equal, I think this is a market that you can buy on dips and take advantage of what should be a very strong run into the end of the year. That being said, you should probably build up a position, not jump into the market without reseach.
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