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Why I'm selling oil: O'Hare
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Steve O’Hare, of First4Trading.net, explains in a technical analysis of charts why he is trading WTI crude oil (US July ’17).
He plans to set shorts at current levels with a target at §46.46/barrel. His stops are $49.82/b or $50.27/b.
O'Hare’s technical analysis of a selected trade is featured every Thursday on Trading Floor.