Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-Crude has broken through trendline resistance and is nearing the December high, which is a good place for a pullback. Watch for support from the 2/6 high at 98.79.
-The failed break of long term trendline supports may very well propel the market higher in the coming months.
LEVELS: 97.09 97.81 98.79 | 100.73 102.21 103.49
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