Took a flyer on crude oil futures last week based on this 4hr chart. Seems I wasn't alone as price spiked up. As of the open tonight /CL gapped up and was held at the resistance line however I feel it will retrace for around $105 and then head higher. I blame the tensions in Syria. USO and USL are another way to play this move in price. OIl and OIH will also benefit.
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