Wednesday, September 18, 2013

Crude Oil‏ (Nov 13) intraday: under pressure.

Pivot: 105.25

Our preference: SHORT positions below 105.25 with 104.4 & 103.75 as next targets.

Alternative scenario: The upside breakout of 105.25 will open the way to 105.95 & 106.7.

Comment: the RSI is below its neutrality area at 50%
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