Monday, November 29, 2010


As noted in previous reports, we are now in the latest wave of internal within the patch shown in the picture

 Subcommittee. Therefore, we believe that the downward trend will soon begin this week after the completion of the current wave of rising completely, and then enter into a downward wave after wave C B. These expectations require constant daily close below 86.80.
The trading range for today is among the key support and resistance level of 77.75 87.75The short term trend is expected to side firmly trading price between the level of 90.50 and 70.00 to close Weekly

Support 83.80 83.10 82.80 82.30 81.80Resistance 84.60 85.00 85.65 86.15 86.80

Recommendations Based on the above chart we believe that the sale of oil and about 85.00 target 80.90 stop 

loss and close 86.80 on above, might be appropriate this week



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