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Oil Technical Analysis for the Week of September 19, 2011

posted by Avatar FXEmpire 615 days ago in Technical, Weekly, Oil

The CL contract had a volatile week this past week as traders continue to push and pull, arguing whether or not the $90 mark will hold as resistance. We feel that it will not, but cannot advocate buying at this level until we get a daily close above that mark, something that hasn’t happened yet. We need to see a daily close above that level, and th
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