CRUDE OIL TECHNICAL ANALYSIS – Prices are back under pressure, testing support near a five-month low. A daily close below the 50% Fibonacci expansion at 52.37 exposes the 61.8% level at 50.66. Alternatively, a reversal above the 38.2% Fib at 54.08 targets the 23.6% expansion at 56.20.
Crude Oil Under Pressure Anew, SPX 500 Aims to Extend Recovery
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