Crude top-of-the-hour update

Crude closed the hour above the 44.65 resistance - indicating to us that the very, very short-term bear stance may be wrong. However, we do see - even though we're wrong overall - a pullback to 44.30 (from 44.83 currently) taking place. We'll exit the DWTI trade at that point (assuming it gets down there) and will re-evaluate things.

Posted to Peak Analytics' Direction F… on Apr 27, 2016 — 1:04 PM

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