Crude Oil Technical Preview – 14th January

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Crude Oil, possible bottom at $41.70 - $41.50 but beware of a corrective rally Crude Oil futures was the major talk across the various news outlets this week as the commodity, often referred to as the 'Black Gold' broke below the $45 psychological handle. Crude Oil futures hit a new low this week, dipping briefly to 44.76 before managing to stabilize from the fresh multi year lows. Saudi Ar...

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