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Friday, November 13, 2015

Crude Oil unable to breach it's support level of 2750.... now what next ??









Look at Power of levels... Crude oil unable to breach its support level of 2750 and bounced back. Now hurdle at 2830. Weekly close above 2830 will see a dead cat bounce again till 2880---2930 and then to 3000 mark.




Fresh selling can initiate only close below 2750 level.