Oil looking to correct

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Oil looking to correct Crude Oil FuturesNYMEX_DL:CL1!Apollo_21milOil has tapped the golden fib extension twice in a row on the weekly. These extensions don’t normally fill so fast. It looks like the price is headed for the downtime gap as the market attempts to be forward looking. Given that xop started correcting last week, and oil stocks tend it lead price action I believe oil has topped. Could certainly be wrong but this is a great bullish levered bet for my portfolio.