17/11/14 Light Crude Oil rebounds to 76.2 support of last week as prices fall for the 7th consecutive week.


CL, futures, commodity, commodities, oil, light crude, crude oil price, crude oil forecast, crude oil outlook, Crude Oil analysis, Crude Oil technical analysis, Crude Oil outlook, Crude Oil price, Light Crude Oil analysis, Light Crude Oil forecast, Light Crude Oil outlook, Light Crude Oil price, Light Crude Oil technical analysis, Light Crude Oil analysis, Light Crude Oil forecast, OPEC, Saudi Arabia, ARAMCO Light Crude Oil attains the lowest in 3 years as the end of the week ended with a rebound from the 7th consecutive weekly drop.

CL, futures, commodity, commodities, oil, light crude, crude oil price, crude oil forecast, crude oil outlook, Crude Oil analysis, Crude Oil technical analysis, Crude Oil outlook, Crude Oil price, Light Crude Oil analysis, Light Crude Oil forecast, Light Crude Oil outlook, Light Crude Oil price, Light Crude Oil technical analysis, Light Crude Oil analysis, Light Crude Oil forecast, OPEC, Saudi Arabia, ARAMCO 200% of the downtrend Fibonacci expansion sees rebound at 73.81, a likely retracement in the main dovish trend.

CL, futures, commodity, commodities, oil, light crude, crude oil price, crude oil forecast, crude oil outlook, Crude Oil analysis, Crude Oil technical analysis, Crude Oil outlook, Crude Oil price, Light Crude Oil analysis, Light Crude Oil forecast, Light Crude Oil outlook, Light Crude Oil price, Light Crude Oil technical analysis, Light Crude Oil analysis, Light Crude Oil forecast, OPEC, Saudi Arabia, ARAMCO The downtrend channel has reached its downwards restraint and a oversold signal on the Stochastics Oscillator looks set to see a rebound towards the top of the channel at 78

Trend Direction
S3
S2
S1
R1
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Entry
Stop Loss
Exit
 Bearish 71.5 73.8 74.5 76.377.378 78 78.674

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