Market Vitals: More bearish on oil...

More bearish on oil!

We share our updated and even more bearish looking crude oil wave chart. Our original target to complete the current pattern shaping up was $70 per barrel. An updated version shows oil carrying to $60 per barrel.

Market Vitals | 02 August [http://blackswantrading.squarespace.com/storage/market-vitals/080212mv_oilchart.pdf] 2012 [http://blackswantrading.squarespace.com/storage/market-vitals/080212mv_oilchart.pdf] ~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

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