Technically,
If oil breaks below 4680 today (todays technical support - correct me if you disagree) it may move to the next support level of 4640 or lower.
4750 appears to be the resistance level that the current trend (todays technical trend channel) is moving towards.
Fundamentally ? Any comments for oil today ?
On the fundamental side the ECB QE talk is probably propping up the oil price ?
But the inverse action is a possibility ?
Oil now at 4850 pips, I wonder what will happen when the QE talk-show is out ?
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Hi,
I am trying to setup a spreadsheet with drop down selection button, if someone can give me the key strokes of how to do this, that will be cool.
Thanks