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Dec 10

TECHNICAL ANALYSIS BY NSFX 10.12.2015

By:

High:  Low: 

Oil declined after failing to keep the bullish moves and that would extend the downside wave. The breach of the August 2015 low at 37.91 continued to drag prices back to multi year lows. It is oversold.

R3
R2
R1
S1
S2
S3