By FXEmpire.com
The Light Sweet Crude markets fell hard on Friday as the rout in this market continues. The last several days has seen a slowing of the decline in this market, but the session on Friday looks as if support has given out again. The $90 level looks as an almost given fact, and the market will more than likely aim for that level. The trend is down now, and as a result we love selling rallies at this point. The $90 level will more than likely cause a bounce, and when it does – we will sell rallies as they fade. $95 looks especially promising for resistance.
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Originally posted here
