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TheConcierge
Jun 16, 2016 6:46 AM

USOIL Short

Crude Oil (WTI)FXCM

Description

Pivot: 48.72

Most Likely Scenario: short positions below 48.72 with targets @ 46.50 & 45.55 in extension.

Alternative scenario: above 48.72 look for further upside with 49.30 & 50.00 as targets.

Comment: the RSI is mixed with a bearish bias.
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