Option Investor
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Crude seems to be making a doji and may be telling us this retracement is over but I'm not sure.

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I use MACD to help me determine if moves are just about to end but it is not telling me much on the daily chart so I decided to drill down to the 60 minute. The swing low on April 6th low compared the April 8th low is a lower low but the MACD makes a higher low. This tells me the possible doji on the daily chart is valid and we may be seeing the end to this retracement.

[Image 2]

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