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Crude Oil is Bullish 4/18/22

On a macro basis: On 4/29/20 we left a bullish reversal below—we have seen $115.13 from that open at $15.37 in the (N). The break above $57.45-8.02 projects this upward $56 minimum, $110 (+) maximum. We have attained $72.48.

On a shorter-term basis: We have seen $61.89 of higher trade from $68.61. We have seen $61.02 from $69.48. The trade above $71.36 attained $59.14.The trade above $80.03 brought in $50.47. The trade above $84.58-82 brought in $45.68. The trade above $89.36 brought in $41.14.The trade above $93.05 brought in $37.45.The trade above $93.75 brought in $36.45.These all roll into the (M) contract and are OFF HOLD. The decent trade above $98.12 projects this upward$5.50 (+) based off an equivalent formation in the (M) to that of the (K) and so forth below. We have attained $9.89.The decent trade above $99.05 (-4 per/hour) warned of continued strength—we have seen $8.96.The break above $99.30 (+1.7 tics per/hour) has brought in $8.71 of decent strength. Decent trade back below $104.08 (-2.5 tics per/hour) will warn of decent pressure.

NOTE: this is just a small portion of the market calls I provide my clients twice daily in the Crude and Energy/Gold/Bitcoin complex. 'Decent penetrations' are specific amounts provided to clients daily as well. If you are interested, please feel free to reach out.

Commodities trading involves a substantial degree of risk and may not be suitable for all investors. Michael Moor does not guarantee profits and is not responsible for any trading losses of subscribers. No representation is made, stated or implied, that any investor will achieve results, profits or losses, even remotely similar to hypothetical results. Past performance is by no means indicative of future results. Information provided in this newsletter is not to be deemed as an offer or solicitation with respect to the sale of purchase of any securities or commodities. Any copy, reprint, broadcast or distribution of this report of any kind is strictly prohibited without the express written consent of Michael Moor. Michael Moor may execute transactions in a proprietary trading account that may be consistent or inconsistent with the contents of the newsletter. The content, statements, and viewpoints expressed in this publication are those of Michael Moor solely in his individual capacity and are not attributable to any person or entity other than Michael Moor

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