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Apr 29

TECHNICAL ANALYSIS BY NSFX 29.04.2014

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After yesterday pullback the  probability of a correction are increasing and the commodity might test its 200SMA, now at 99.30. The dynamic support has a negative slope and long term trend followers might open shorts positions with target 91.19.  Above the demand line generated on January Crude Oil should gain force to reach 105.44.

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