Crude Oil Tests Support

09/22/2009 9:06 am EST


Thomas Aspray

, Professional Trader & Analyst

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Crude oil has been in a broad trading range since late July and closed lower Monday on heavy volume. The November contract has key support at $66.40-$67.60 with resistance at $73.60 and then at $76. The weekly OBV did confirm the recent highs, but the daily shows a broad trading range that will bear watching.

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