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May 13

TECHNICAL ANALYSIS BY NSFX 13.05.2014

By:

High:  Low: 

It seems that the commodity found support in area 99 and now is facing both the 21SMA and the 55EMA resistance.  Above this area Crude Oil  can rise to 102.93 and then test the 2014 top in area 105.2.  Below 99  a bearish wave can bring the commodity to 95.34 and then to 91.25.

R3
R2
R1
S1
S2
S3