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Sep 28

TECHNICAL ANALYSIS BY NSFX 28.09.2015

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High:  Low: 

The commodity is trading very close to its short term dynamic resistance and if it should rise above this level it can test the 200SMA, now at 52.  A consolidated breakout of this level can lift Crude Oil to test 57. Below 43.4 the commodity can test 40 and then the multiyear low 37.95.

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