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Crude Oil (Mar 12) intraday: further upside.
2012-02-07 20:00:34

 

Crude Oil (Mar 12) intraday: further upside.
Pivot: 96.45

Most Likely Scenario: LONG positions above 96.45 with targets @ 98.35 & 99.05.

Alternative scenario: The downside penetration of 96.45 will call for a slide towards 95.45 & 93.9.

Comment: the RSI lacks downward momentum.
 


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