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Dec 28

TECHNICAL ANALYSIS BY NSFX 28.12.2015

By:

High:  Low: 

Crude market bounced during the course of the last week, as the 35.00 level seemed to be far too supportive for the market to continue to go lower. With a breakout signal above 38.95, traders would feel more confident that serious inroads to the 40.00 level could be achieved.

R3
R2
R1
S1
S2
S3