Mrsam36

Crude oil slip dips below sell trend read the caption

Short
TVC:USOIL   CFDs on WTI Crude Oil
Crude oil today marked a new high for February, reaching $78.73 which exceeded the 38.1% Fibonacci retracement level of the downward move from the September peak at $78.14 (see chart above). This surge represented a significant bullish momentum for the commodity and was a positive tilt for the technical bias.

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