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The Trend is Your Friend

|Includes: KOL, iPath S&P Crude Oil Total Return Index ETN (OIL), XLE, XOP

Yesterday, I noticed that OIL, XOP, KOL, XME, IGE, VDE, XES,  GSG, FSLR, XLE and DBC when down. Mostly Energy related. It kind of makes you wonder if the pull back in the price of Oil, Metals  and other Commodities is going to continue. It has today. We will see if it continues enough to become a longer term trend.