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The Crude Waterfall

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Crude-Waterfall

 

Here was our Waterfall Model that would have shorted Crude if it had an account. We warned a closing below $75 and $57 would be devastating and ultimate result in a decline to $30-$35 area.

Crude-Waterfall-2

 

Here the break of the Uptrend Line and the turning NEGATIVE on the Energy Model was the kiss of death confirming the Waterfall Effect.