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Oct 29

TECHNICAL ANALYSIS BY NSFX 29.10.2015

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As we can see on the D1 chart, oil is holding powerful gains of 6% in the $46s. Oil prices rallied up toward resistance near the 10 day moving average. Oil currently trading higher at $46. We are sellers now as the support has completely given up.

R3
R2
R1
S1
S2
S3