WTI Light Crude, Brent Crude, Natural Gas

Forecast for 14th January 2013 WTI Light Crude Feb contract WTI Crude stopped short of the 94.96 target last week as we topped at 94.70. Here we meet strong resistance from the daily 23.6% Fibonacci, 9 month down trend line and 100 week moving average. We exit longs therefore on the approach once again today and try shorts with a stop above 95.35 and we will buy back in to longs for continued strength to 96.17. If we cannot break 94.96 again at the start of this week as expected, we are

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WTI Light Crude, Brent Crude, Natural Gas

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