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Crude: Have We Seen A Bottom For Oil?

Discussion in 'Technical Analysis' started by Kaitlin, Oct 30, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    Crude has recovered its earlier losses to turn slightly higher on the day. So far however there's been little evidence of strong follow-through in momentum buying after yesterday's sharp rally. If the buyers fail to show up now it would strongly suggest that the upsurge was probably due to short-covering[​IMG]

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