Aug 05
2009
Crude Oil Analysis - Bullish
Filed Under (Finance Help) by Admin on 05-08-2009
Up trend developing steadily. The NYMEX (New York Mercantile Exchange) Crude Oil price has developed a healthy up trend since the steep fall from US$145 in July last year to a low of $35 earlier this year. The current price is $69.50. The price movement has formed an up trend line supported by the pivot low in early this year and the recent pivot low 3 weeks ago. The price is also being supported
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