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Oct 19

TECHNICAL ANALYSIS BY NSFX 19.10.2014

By:

High:  Low: 

Crude Oil made a double bottom and then rose 4$. Still valid the 84.44 resitance and a breakout can lift the commodity to 90.95 and then to test the supply line that links lower highs generated from the 2014 market top. Below 79.83 is likely a test of the 2011 low in area 75 and then 73.

R3
R2
R1
S1
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S3