Friday, April 12, 2013

Crude Oil: Correction Appears Complete; Weakness Could Extend To 90$ Per Barrel (Elliott Wave)

Oil recovered nicely in the last few days from 91.80 back to 94.75 – a move which was expected after it completed a five wave pattern down. We were tracking a corrective bounce in the last few days which has unfolded very nicely and stopped at 94.75, almost on a tick at wave four resistance
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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