Thursday, February 23, 2012
Crude Oil Bulls Maintain Advantage Inside New Trading Range
First resistance is Wednesday's high crossing at 106.72. Second resistance is the 87% retracement level of 2011's decline crossing at 109.54. First support is the 10 day moving average crossing at 102.88. Second support is the 20 day moving average crossing at 100.75. Thursdays pivot point is 106.20.
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