Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
August 23, 2011
CRUDE OIL Support and Resistance lines
Crude Oil four hour chart shows price converging towards the apex of a consolidation pattern.
Price is trading between 79 - 89 levels.
So breakout or breakdown from the pattern shown above should take out either 79 or 89 for bigger moves to happen
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