Daily Forecast - 01 September 2014
Gas oil September contract
Gasoil may have ended the bear market correction last week. watch for a break below the 2 day low at 863/862 to target 859 then the 2 week low of 853/852. This could hold the downside today but if we continue lower look for 849 & even 846.
Immediate resistance at 866 then 869 which did hold a move higher perfectly on Friday as predicted, but above here today a selling opportunity at 873/874 once again, with stops above 877.
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