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Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN
Several weeks ago I posted a trade alert article here on Seeking Alpha suggesting a very trade-able downside move that is setting up in crude oil. In it, I stated:
Crude is moving into the 60 region that has been our target zone for some time now. Once this move up completes, which we suspect will be any moment now, we are expecting it to embark on a move down to the 48 region before blasting up to the 67-72 region, only to then drop again to the low 30s.