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Wednesday, January 18, 2012

Crude Oil (WTI) Technical Analysis 2012.01.18

Crude Oil (WTI) price action is confirming the bullish scenario posted on Monday (http://markettechnicalview.blogspot.com/2012/01/crude-oil-trading-scenario-20120116.html ).

The first target is set in the $103.00 area, but pullbacks can occur. The buy signal is still in place and the first support is at $99.50 level.


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