Daily Forecast - 21 December 2015
WTI Crude January contract
WTI Crude February first resistance at 3640/45 but above here, stronger resistance at 3690/99 could hold a rally. Shorts need stops above 3735 with a break higher to target an excellent selling opportunity at 3765/75.
The February contract low for the bear trend is 3556. A break lower is obviously negative & targets 3510/05. If we continue lower look for 3465/60 then important trend line support at 3405/00.
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