CRUDE OIL - Turns Lower On Loss Of Upside Steam

Discussion in 'Technical Analysis' started by Kaitlin, Mar 2, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    CRUDE OIL Having the commodity capped its strength to close lower on Tuesday, further downside pressure is likely. On the downside, support resides at the 33.00 level where a break will expose the 32.00 level. A cut through here will set the stage for a run at the 31.00[​IMG]

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