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Oct 19

TECHNICAL ANALYSIS BY NSFX 19.10.2015

By:

High:  Low: 

As we can see on the H1 chart, oil prices in the US failed to rise above its hourly 100-MA at USD 47.75/barrel. The crude market gapped higher at the open on Friday, and then went back and forth to essentially fall flat for the day.

R3
R2
R1
S1
S2
S3