Energy OverView April 2, 2012

The current low mark after the recent high was posted last week at 102.13. That is where is should be headed. A deeper fall towards that mark should be seen initially this week. Interim support may give the bears some pause at 101.21 and bring rebound. A settlement past108.25 will relegate this round of selling to a correction and set up a re-test of 110.55.

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