Friday, August 17, 2012

ONG: Crude Oil Weekly Technical Outlook For Sunday Dec. 18th

Crude oil dropped to as low as 92.52 last week as correction from 103.37 resumed. Further decline is expected this week as long as 95.99 minor resistance holds. Current fall should extend to 138.2% projection of 103.37 to 94.99 from 102.44 at 90.86

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