Bull continues to dominate the session as crude oil gain $1.58 to - TopicsExpress

Bull continues to dominate the session as crude oil gain $1.58 to close at $99.61. If the gain continues, the target will be in the range of $102.4-$103.1; while any downside will revisit yesterday’s low of $97.76. The RSI and the MACD have continued to rise, supporting a bullish view. We recommend investors to view any downside as an opportunity to ‘Buy’, keeping stoploss below $97.76. The support and resistance are at $98.58 and $101.63, respectively.

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