Friday, October 19, 2012

Crude Oil‏ (Nov 12) intraday: watch 92.85


Pivot: 90.70
Our preference: LONG positions above 90.7 with 92.85 & 93.3 in sight.
Alternative scenario: The downside penetration of 90.7 will call for a slide towards 90.3 7 89.8.
Comment: the RSI is mixed with a bullish bias.


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