Light Sweet Crude Oil futures (Crude)
♦ The US Light Sweet Crude Oil futures resumed its uptrend last week, after registering a “doji” candle on the chart, indicated a pause on the previous upswing.
♦ It recorded a positive candle last week, and closed at above the US$78 key resistance level, as well as the 40-week SMA near US$77.4.
Commodities & Currencies - A Possible Further Rebound On Commodities… - 26/07/2010
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