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WTI Crude Oil and Natural Gas Forecast

Discussion in 'Technical Analysis' started by Daily.Forex, May 24, 2016.

  1. Daily.Forex

    Daily.Forex Forum Member

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    The WTI Crude Oil market initially fell during the course of the session on Monday, but found the $47.50 level to be supportive enough to turn the market around and form a bit of a hammer. The natural gas markets shot higher initially during the day on Monday, but turned right back around somewhere near the $2.12 level, showing quite a bit of resistance as we ended up forming a bit of a shooting star.

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