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Dec 08

TECHNICAL ANALYSIS BY NSFX 08.12.2015

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High:  Low: 

Oil trades at 38.63 down and closed at lowest level since 2009. RSI and CCI give oversold level. RSI, Stoch, CCI and MACD give sell signal. Currently oil is breaking below the 23.6% Fibonacci level. Resistance is seen near the 20 day moving average at 42.00.

R3
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R1
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