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Jan 08

TECHNICAL ANALYSIS BY NSFX 08.01.2016

By:

High:  Low: 

Oil is down but off lows. Until now, oil did not hit 32.55 supports, but negative signals are still appearing on the chart and we hold onto our suggested position. We watch for bearish crossovers to occur on the MACD and Momentum.

R3
R2
R1
S1
S2
S3