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Crude Oil Price Forecast to Plunge Below $40

Commodities / Crude Oil Jul 04, 2015 - 08:57 PM GMT

By: Gary_Savage

In the after hours trading on Thursday oil broke below the May daily cycle low indicating a failed daily cycle is in progress, and confirming the intermediate top occurred on May 6th.

Gary Savage
The Smart Money Tracker

Gary Savage authors the Smart Money Tracker and daily financial newsletter tracking the stock & commodity markets with special emphasis on the precious metals market.

© 2015 Copyright Gary Savage - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

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