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Mar 07

TECHNICAL ANALYSIS BY NSFX 07.03.2014

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High:  Low: 

Yesterday the commodity tested the 200SMA and now has a resistance the 21SMA  at 102.14.  If the rally that started the beginning of this year should continue Crude Oil might test 105.44 and above this level the price spike at 112.18. In case the retracement should be more intense below the 200SMA at 100.66  there is the static resistance at 95.34 and then the multiple bottom at 91.2.

R3
R2
R1
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S3