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Here's where pros say oil will bottom (Ouch!)

VIDEO1:1101:11
Here's where pros say oil will bottom

Technical analysts (the guys and gals who focus just on charts to make buying and selling decisions) were watching the psychologically important $50 level in oil to be support. WTI crude was clinging to that price as Monday came to a close.

If $50 doesn't hold however, there's a lot of room before the next support level is hit…