Kimble Charting Solutions Blog

Crude Oil…Channel resistance back at hand

Posted by Chris Kimble on 12/08/2010 at 11:09 am; This entry is filed under Crude Oil, Scoring on defense.
Tags: inverse oil etf

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Game Plan....For AGGRESSIVE INVESTORS ONLY, Look to score on defense, buy picking up the inverse oil etf DTO.  Stop on this position will be 3%!

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One Comments

1. TomA December 8th, 2010 at 11:36 am

   Hi Chris,

   Also notice that we are very close to the 50% Fib retracement of the ’08 high on $WTIC and OIH. Count me in on DTO!

   Tom

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