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Dec 17

TECHNICAL ANALYSIS BY NSFX 17.12.2015

By:

High:  Low: 

Oil declined below 36.00, which activated the bearish scenario and trading below 37.34 is a classified as a negative catalyst, while coming below 36.00 is the key for bears. Oil is oversold. We are at the sell side.

R3
R2
R1
S1
S2
S3