Friday, November 23, 2012

Crude Oil‏ (Jan 13) intraday: key ST resistance at 88


Pivot: 88.00
Our preference: SHORT positions below 88 with 86.2 & 85.15 in sight.
Alternative scenario: The upside penetration for 88 will call for a rebound towards 88.6 & 89.75.
Comment:  as long as 88 is resistance, expect a return to 86.2.


By at

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