WTI Light Crude, Brent Crude, Gasoil ICE, Natural Gas

Forecast for 15th January 2013 WTI Light Crude Feb contract WTI Crude is just hovering below 94.70 as we start to run out of momentum. We meet strong resistance from the daily 23.6% Fibonacci, 9 month down trend line and 100 week moving average just above at 94.96. We exit longs therefore in the 94.65/95 area and try shorts with a stop above 95.35 and we will then buy back in to longs for continued strength to 96.17. Yesterday we pulled back to our first target of 93.26 and there is a risk we

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WTI Light Crude, Brent Crude, Gasoil ICE, Natural Gas

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