Monday, September 9, 2013

Crude Oil‏ (Oct 13) intraday: further advance. | Technical Analysis Chart

Crude Oil‏ (Oct 13) intraday: further advance. # Technical Analysis 

 Pivot: 108.80

Our preference: LONG positions above 108.8 with 110.7 & 111.5 in sight.

Alternative scenario: The downside breakout of 108.8 will open the way to 108 & 107.25.

Comment: supported by a rising trend line.

Trend: ST Bullish; MT Bullish
#Oil #Oil Chart #Oil Technical Analysis #Energy #Crude Oil #WTI Crude Oil
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