Market news
03.02.2011, 12:15

CRUDE TECHS:

Daily studies on WTI are bullish after oil rose above the 5-DMA, also initial support at $90.95. Resistance seen from the Jan 31 high at $92.84, the Jan 19 high at $93.02, the Jan 3 & 12 double-top at $93.44/46 and the daily Bollinger band top at $93.89. Aug 4 resistance line seen at $94.63.

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