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Dollar, Oil & Silver

March 4, 2011

 

 

via $USD – Daily Candlesticks.

As you can see its been something of a perfect storm for oil. The dollar has been getting slapped and oil has been really running.  I sold my oil & silver into the strength today noting that the is getting close to support and oil is in need of some consolidation. So far the weekends have been quiet in the middle east, my oil target is still $150.

 

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