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WTI Crude Oil and Natural Gas Forecast

Discussion in 'Technical Analysis' started by Daily.Forex, Jul 12, 2016.

  1. Daily.Forex

    Daily.Forex Forum Member

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    The WTI Crude oil market initially bounced during the day on Monday, but found quite a bit of resistance at the $46 level, which had been so supportive previously and what I have drawn as a bit of a descending triangle. The natural gas markets initially tried to rally on Monday but turned rain back around to break down and reach towards the $2.70 level.

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