Crude Oil

The weekly support level comes in app $94.00 +- 15 cents.

93.65 will be a pivotal closing level to focus on. By holding the breaks into mvg avg and Fib support around 93.


Oil can be bought for short term trading.

By not holding this area we’ll see Oil trade into the 91 dollar level.

Oil will continue to trade in a Risk On/Risk off paradigm .

130513_081739_CQG_IC_Chart_CL_-_Crude_Light-Settlement_Daily_Continuation

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