Daily Archives: October 28, 2015

oil price technical analysis update

 Did Oil finish drip down? From my last post: a technical perspective, an impulsive decline back beneath 46 support is required for bears to take control This would bring $42.70-43.20 into consideration, with it having been a key level of support throughout September. We shouldn’t forget that last week’s strong performance in WTI means this could just be a retracement., the trend…

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