January 8, 2013

CRUDE Oil Chart update

 
  • Crude Oil resistance near 50 Week SMA and the daily chart with fib level shows bulls struggling near golden ratio.
  • Price near the resistance line of the contraction pattern. We may see weakness from the resistance line to keep price within this pattern for some more time. A bigger move could come only on a decisive breakout on a weekly closing basis.
  • FACEBOOK INTRADAY UPDATE
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