International Business Times
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September 12, 2012 11:22 PM EST

HY Markets

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CRUDE OIL closed higher on Tuesday and the highrange close sets the stage for a steady to higher opening when Wednesday's night session begins. Stochastics and the RSI are turning neutral hinting that a low might be in or is near. Multiple closes below the reaction low crossing would confirm that a top and trend change has been posted. If it renews the rally off June's low, the 75% retracement level of this year's decline crossing is the next upside target.

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