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Sep 03

TECHNICAL ANALYSIS BY NSFX 03.09.2013

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High:  Low: 

Crude oil now is trading above the 21SMA but if does not happen a sudden catalyst event the commodity should  continue to fall first to 104, then if stops of long position would be triggered  to 100.  A long white candle that  closes above the spike at 112 area would bring confidence for a solid bullish breakout.

R3
R2
R1
S1
S2
S3