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Posted by
Brijesh Bhatia
June 30, 2011
Crude oil
Commodity View:
NYMEX Crude oil Daily Chart:
Reversed from a 18 months trend line.
Possibly a double bottom on MACD
Descending triangle formation on RSI
View:
Buy Crude oil @ $91-93 TRGT 97 / 99 s/l 88.50 (Closing basis)
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