Friday, September 4, 2009

NYMEX Crude Daily: Bears hibernated


Bears were hibernated as prices was not much changes on the immediate technical landscape. Hence, we maintain our view sideways to lower in near term. We are looking for the immediate downside support at USD67.05 followed by 66.11-65.23. To the upside, immediate resistance is maintain at 69.71-69.83 followed by 71.25-71.37.