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Feb 29

TECHNICAL ANALYSIS BY NSFX 29.02.2016

By:

High:  Low: 

Upwards movement above 33.60 invalidated last week’s US Oil Elliott wave count. Oil tried to rise through 55 days but failed so far. Trading below 34.20 forces us to be neutral, while trading above 32.15 is positive, targeting 34.20.

R3
R2
R1
S1
S2
S3