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Crude Oil Prices May 30, 2012, Technical

posted by Avatar FXEmpire 354 days ago in Technical, Daily, Oil made popular 354 days ago

The Light Sweet Crude markets continue to show little to no follow through when it comes to rallies. The $90 level below is massive support, and it is there that we feel the future direction of this market will be settled. Simply put, if there is to be a bullish tone at all in this market, this level needs to hold.

On a break of the $90, we are se
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