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Crude Oil Prices: Jumping on the Wrong "Freight Train"

"The trend is your friend" ...unless it's a foe

by Bob Stokes
Updated: July 20, 2017

Some trends pull prices like a freight train, and jumping on the wrong one can cost you dearly. That's why, in the Elliott wave approach, identifying the trend is paramount. Let's look at crude oil prices as an example.

 

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