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Dec 22

TECHNICAL ANALYSIS BY NSFX 22.12.2015

By:

High:  Low: 

Oil could be on a bearish channel. Shorts need stops above 37.35 with a break higher to target an excellent selling opportunity at 37.65. Oil moved below 36.05 along with negativity on moving averages and ADX.

R3
R2
R1
S1
S2
S3