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Wednesday, November 9, 2011 - 2:43pm
Outlook of Crude Oil Depends on $95 Level
During this week, Crude Oil broke above $95. This is very important because this level is the 50% Fibonacci retracement and where the 200-day moving average sits, which are very important levels to any technical analyst. The commodity has been in a mid-term bear trend since April/May, moving from...
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