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edmund.chew.754
Nov 29, 2014 12:58 AM
WTI OIL
Short
NYMEX:CL1!
1M
Crude Oil Futures
NYMEX
Description
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Nov 29, 2014 12:58 AM
On monthly, weak support comes in at 56 while strong support comes in at 37. Looking at the bearishness of the ast months, it seems to be akin to 2008's capitulation and hence i do not think 56 will hold and will expect a retest of 37
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