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Oil Technical Analysis September 15, 2011

posted by Avatar FXEmpire 616 days ago in Technical, Daily, Oil

CL fell on Wednesday, but remains contained in an ascending triangle just under the $90 mark. The market looks very bullish, and this move looks like it is almost a given at this point. The breaking of $90 would have us running towards the $100 mark. The bearish case cannot be made at this point, but the markets can always go against the grain. Bec
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