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Friday, November 22, 2024

Oil Retracements 7/20/2011

Courtesy of Jean-Luc Saillard.

Here is a new oil chart based on the highs and lows of the year. There seems to be a good line around 99.32 that has acted as support and resistance for the last 2 months. There is apparently support around 90.50 on the down side!

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