WTI crude oil breaks 43.00 to 42.85 before bouncing back
My oil long from this morning survived by 5 pips and I think I'll use any decent bounce to get out of dodge
43 bucks was breached but we're back above now by 26 ticks and we'll have to see how we perform after breaking the Jan lows at 43.50 a hold there and at the broken long term support line around 45.75 and that should confirm the break lower and the possibility of another decent sized move south.
If we do go on a run lower the next target is around the 2008/2009 lows around $34/32
