OrcChieftain

20 MA will not falter

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NYMEX:CL1!   Futuros de petróleo leve bruto
As far as an eye can see, the oil has been reacting to 20 MA levels. Most of the reactions were double bottoms, some were a little more distant. But it is the level that holds strong and vigilant. I am betting that it will be reacted to again with SL below latest significant low.

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