March Crude/Holding the Breakout *PIC*

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March Crude broke above $95 price resistance and is consolidating in a tight range above this breakout point. This is bullish, but price must still hold above this $95 breakout point to remain bullish. It has reached overbought status on a loss of momentum but is consolidating above the breakout point which is still healthy. Best seasonal trend is from mid Feb well into summer.

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March Crude/Holding the Breakout *PIC*

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