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In it to Win it

Did oil just create a major buying opportunity?

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ticker lesson

Breakdown

0:00WTI· ticker

WTI down 12.2% week — retrace confirmed

  • WTI down 12.2% for week
  • Parallel channel broken
  • Bounced off 200 day MA
  • Bias up next week
1:36Brent· ticker

Brent down 13.6% week — trend line focus

  • Brent down 13.6% for week
  • Trend line intact
  • Bounced off 200 day MA
  • Bias up next week
1:37XLE· ticker

XLE down 12% week — support confirmed

  • XLE down 12% for week
  • Support at current level
  • Rising 200 day MA
  • Buy opportunity
1:38Diesel· ticker

Diesel cup and handle — bullish pattern

  • Diesel cup and handle forming
  • Bull penant beginning
  • Negative divergence
  • Expensive price

Informational only — this is In it to Win it’s content, decoded by Plutus. Not Paid Daily’s advice or a recommendation. The outline, timestamps, and claims are extracted from what the creator said; verify before acting.