NYMEX:CLX2012   CRUDE OIL FUTURES (NOV 2012)
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WTI Crude daily price action pulled back after an oversold rally thus creating a Tweezers Candle stick pattern. Resistance on the upside is located at 92.00 followed by 93.43 and 96.17. Alternatively support on the downside is located at 88.68 ( 50 % Fib Retracement ) followed by 87.70 and 85.92. Stochastics are creating higher highs and also curling up from the oversold level.

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