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Wednesday, July 22, 2009

CLOSING COMMENTARY FOR JULY22

Crudeoil prices seems a range bound activity with

positive bias. Buying comes from every lows. Range

seen between 3120 - 3180. A close above 3210 would

confirm bullish trend. Any way a positive close above

3160 seems bullish. Strong sup seen at 3110 - 3100.

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