Friday, August 23, 2013

Crude Oil‏ (Oct 13) intraday: further upside.

Pivot: 104.10

Our preference: LONG positions above 104.1 with 106.25 & 106.95 in sight.

Alternative scenario: The downside penetration of 104.1 will call for 103.5 & 103.1.

Comment: the RSI is above its neutrality area at 50%.

By at

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