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Sep 30

TECHNICAL ANALYSIS BY NSFX 30.09.2013

By:Nati

High:  Low: 

Late last week a drop below 103 dollars per barrel which was the lower level of a consolidating range could see pricing below 100 per barrel if the next major level of support at 100.41 is broken, the next level is drawn at 99.18 Resistance may now be expected at the 102.18 level going forward, beyond that 102.63 could be targeted by some bullish traders.

R3
R2
R1
S1
S2
S3