eu.l.seng

CRUDE OIL- STILL A WAITING GAME

FX:USOIL   Crude Oil (WTI)
31 0 4
Looking at the monthly chart, crude market is still a waiting game. There was not much selling pressure from last month data- a fact. but we are still not sure unless the market moves price to above 57, with relatively high volume .
Comment: in near term it must move above 46
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