September 18, 2012

CRUDE Oil Support levels


  • Crude oil Four hour chart shown with crucial support level near 93.95  -  94.10
  • 4 Hour chart 200 period SMA giving support.
  • More correction if 50 day SMA gets broken. Unable to break below 50 SMA will favor crude oil bulls. Bulls strong above 97 - 98 level.

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