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Oil Technical Analysis September 20, 2011

posted by Avatar FXEmpire 608 days ago in Technical, Daily, Oil

The CL contract pulled back during the Monday session, but managed a slight rally at the dying hours of trading. The market had massive volume during the day, and the resulting hammer looks very supportive as the oil markets have remained amazingly buoyant. Because of this, we like buying the CL contract when it dips. A break of $90 is still our lo
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