Monday, December 3, 2012

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


Pivot: 87.65
Our preference: LONG positions above 87.65 with targets @ 89.6 & 90.8.
Alternative scenario: The downside penetration of 87.65 will call for 87 & 85.35.
Comment: even though a continuation of the consolidation cannot be ruled out,its extent should be limited.


By at

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