Commodities Weekly (22 Oct ’17)
Balanced beneath $52.86 high of September with mixed studies.
Rising Tension Indicator and improving background studies highlight fresh gains in the coming weeks.
A close above here will open up critical monthly resistance at the $55.24 high of January.
Pending Upgrade to Positive.
An unexpected close below $49.00 will confirm continuation of the September bear trend and turn investor sentiment Negative.
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