Crude Oil technical picture on September 30, 2014

Crude broke crucial resistance @ 94, confirming that the short-term trend is up. Price is now supported @ $94, $93.60 and $93. Resistance @ 95 and 96 (September high).

Crude Oil chart, Nov’14 futures, weekly nearest futures:

CRUDE_5h_20140929

Chart courtesy of investing.com. http://investing.com

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