ali.se.18
Short

Breakout Analysis 2/7/14

NYMEX:CL1!   Light Crude Oil Futures
After Lybia is now able to export more oil             (totally +500.000 Barrels) it will show an influence on the Oil             price significantly.

Next Targets:

104.25
103.65
102.35

Resistance broke and this is free way for Oil             to fall back after the rise during Iraq crisis.
Aren't you suspect of the area of imbalance at 104.35/30..?
Reply
IMO typical beheviour of a resistance area.
Reply
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