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Dec 14

TECHNICAL ANALYSIS BY NSFX 14.12.2015

By:

High:  Low: 

RSI and CCI give oversold signal. RSI, Stoch and MACD give sell signal. The strong break of 37.75 low confirmed down trend resumption in oil. However, there is room for a decline to 35.00 per barrel where we would look for bullish evidence.

R3
R2
R1
S1
S2
S3