Wednesday, August 28, 2013

Crude Oil‏ (Oct 13) intraday: further upside.

Pivot: 109.70

Our preference: LONG positions above 109.7 with 114 & 114.8 in sight.

Alternative scenario: The downside breakout of 109.7 will open the way to 108.3 & 107.4.

Comment: the immediate trend remains up and the momentum is strong.


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