energy trend indicater

A storm bringing frigid temperatures to the U.S. Northeast pushed up prices in the energy complex. Also affecting sentiment were militant attacks in OPEC country Nigeria, where Shell declared force majeure on exports of Forcados crude after a pipeline attack last week.

WTI Crude (CLG8) trading in a tight range going into the US Weekly Inventories tomorrow, caught between the 21 d.m.a @ 93.13 and the 50 d.m.a @ 94.56.

Note: the support/resistance levels used in the matrix’s of this document are levels derived from yesterday high, low and close. Reference in the text to other support/resistance levels will occur.
CRUDE
LCOG8
Resist.
96.44
94.4
93.71
92.86
91.67
90.32
88.28
Support
50dMA
92.28
10dMA
94.39

thanks to saxo bank

MCXARUN
9994500540