Monday, November 26, 2012

Crude Oil‏ (Jan 13) intraday: the bias remains bullish.


Pivot: 87.40
Our preference: LONG positions above 87.4 with targets @ 88.6 & 89.15.
Alternative scenario: The downside penetration of 87.4 will call for a slide towards 86.2 & 85.15.
Comment: technically, the RSI is above its neutrality area at 50.


By at

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