Wednesday, November 21, 2012

Crude Oil‏ (Jan 13) intraday: the downside prevails.


Pivot: 88.60
Our preference: SHORT positions below 88.6 with targets @ 85.15 & 84.5.
Alternative scenario: The upside penetration of 88.6 will call for a rebound towards 89.75 & 90.7.
Comment: the immediate trend remains down but the momentum is weak.


By at

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