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Sep 13

TECHNICAL ANALYSIS BY NSFX 13.09.2015

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The commodity is trading between the 21SMA and the 55EMA. A breakout of the medium term supply line generated 2 months ago can lift Crude Oil to 52.4, Above 56.6 the long term framework will turn positive. Below 44, the 21SMA, the commodity can drop to 40 and then to 37.85.

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