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Fibs don't lie
MCL1!
, 240
Short
MCL1!: Fibs don't lie

Analysts are saying the following about WTI crude NYMEX:MCL1! , "Additionally after the overnight sell-off and the Saudi news, there is likely to be some buying from traders covering shorts ahead of a strong band of support in the $70/68 region". Fib retracements seem to support this analysis.

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