February 12th, 2012
Published Daily

June Crude (last: 53.39)

by Rick Ackerman on April 7, 2009 3:49 am GMT

Upside potential over the near term is to as high as 59.20.  That target should be considered no worse than an even-odds bet at this point, since it sibling midpoint at  54.13 has already been decisively exceeded. Alternatively, it would take a print at 45.94 to turn the daily chart bearish.



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