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...Walter Zimmerman at United Energy said that, while trading momentum and sentiment suggested the market was nearing a peak, “it could still be a couple of weeks away”....
...Walter Zimmerman, technical analyst at United Energy, said charts pointed to a bearish downwards trend and most attempts at a rally had ended in “abject failure”....
...Walter Zimmerman, technical analyst at United Energy, said further losses were likely....
...Walter Zimmerman, technical analyst at United Energy, believes recent trends in the market indicated it was close to a top....
...Walter Zimmerman, technical analyst at United Energy, felt there was much more room to go yet. “We still see nothing but air space until the $69.50-a- barrel area,” he said....
...“The bulls need a decisive close above $52.40 a barrel to confirm a major upside break out,” said Walter Zimmerman, a technical analyst at United Energy....
...Walter Zimmerman at United Energy said that bullish oil traders were targeting a range of $41.55 to $41.15 a barrel....
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