It has tested this level 3 times before and bounced slightly off this HL. If Oil can catch a bid at this level it would help equities.
Tuesday, September 29, 2009
Route 66
Oil is nearing critical support right now at 66.00. A break of this would make $62 (the triangle price target) very obtainable.
It has tested this level 3 times before and bounced slightly off this HL. If Oil can catch a bid at this level it would help equities.
Watch for a break of this level.
It has tested this level 3 times before and bounced slightly off this HL. If Oil can catch a bid at this level it would help equities.
