February 23, 2016

CRUDE Oil Chart update

  • Crude oil 4 hour chart shows price near the apex of a contracting pattern. Price shall either break above the resistance cluster around 34 levels or break below the rising support line. Bulls need to stay above 50 Day SMA. Moving below 50 SMA and 31 levels again will keep the crude bears stronger. 
  • S&P 500 ANALYSIS AFTER CLOSING BELL
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