Oil - retail trying to catch a bottom - further down is likely

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Oil - retail trying to catch a bottom - further down is likelyWTI CRUDE OILTVC:USOILToshihiroHiramatsuSudden increase in number of retail traders in long positions. Everyone trying to catch a falling knife. Next support level 81.9 level. Depending on liquidity, could continue further down given Democrats have won elections and this is bad news for energy.