August 11, 2016

CRUDE Oil chart update

  • Crude oil 30 Minutes and one hour chart shows price trying to stay above 43.35 - 45 Levels which acted as resistance recently. Weakness in smaller time frames if price falls back below this level.
  • One hour chart shows a good up move from 200 Hour SMA.
  • 4 Hour chart shows the cloud of this time frame shown as crucial support for the reversal attempt.

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