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Oil – Daily Analysis


Oil lost 20% after our call on top, and the question we will try to answer today is whether the commodity is ready for a reversal.

The call on September 28, 2023:

As projected on October 2, 2023:

Oil already lost 20%. The same chart today:

This daily report focuses on technical and candle analysis of multiple time frames and projects the short and long term targets, using Elliott Wave and other techniques.

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