Light Crude Oil rebounds off low of this year to 95
Price of Light Crude Oil breaks above moving averages, resists at 200 EMA
Traditional MACD shows end of bullishness, resistance at 95
Light Crude Oil rallied above 93 as commodity and energy stocks rallied after China’s stimulus decision, with gains on price capped at the high of Sept 5 at 95 and overbought range.
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