Friday, July 16, 2010

CRUDE Daily Market Thought 18072010

Last session test resistance area sitting [78.35,79.70] suport around 74 and 71.
Close above 79.70 expect 82 possible extension to 84.50 but my first option here is a breakout to downside.
If close below 74 expect 71 possible extension to 69.50 again.
Crude Chart Daily -
Have a nice weekend. Holiday here back only 16/08.

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