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Mar 14

TECHNICAL ANALYSIS BY NSFX 14.03.2014

By:Nati

High:  Low: 

After breaking support in the 101 dollars per barrel area and the 200 day SMA on Monday before we saw the price decline to the 98.75 level which then gave way. Resistance now at support turned resistance in the 98.75 dollar per barrel area. Support towards the 100 day SMA at 97.50, yesterday’s low.

R3
R2
R1
S1
S2
S3