Brent Crude, Dax, DJIA, Eurostoxx, FTSE 100, E-Mini S&P, WTI Light Crude, Spot Euro,

Forecast for 11th January 2013 Brent Crude Feb contract Brent Crude did test last week’s high at 112.90. We expected the market to struggle here and entered shorts with a stop above 113.30. This worked nicely as the market topped at 113.29 and we have now broken the one month uptrend this morning. Hold on to those shorts then as we look for continued weakness to 111.11 and quite possibly 110.76. There is a good chance of a low for the day within this band so worth taking profit on those shorts

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