Monday, September 27, 2010
Crude Oil Technical Outlook For Monday Morning Sept. 27th
If November extends the rally off last week's low, the reaction high crossing at 78.86 is the next upside target. Closes below last Thursday's low crossing at 73.58 would renew the decline off this month's low.
First resistance is the overnight high crossing at 76.89
Second resistance is the reaction high crossing at 78.86
Crude oil pivot point for Monday morning is 75.94
First support is last Thursday's low crossing at 73.58
Second support is the reaction low crossing at 73.08
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