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08-05-2004	#13
wig Members Join Date: Oct 2002 Posts: 1,248	Just an update on the analysis on Crude... Yesterday's spike to my resistance area and reversal was indicative of what I was expecting. However, several indicators are suggesting that near term (the next couple weeks), the Oil market could consolidate before making one more spike high. The market will have to prove itself, but I can envision a 3-6 month top being put in here.

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