My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
November 23, 2011
CRUDE OIL Update
Crude Oil Daily chart with 20 Day SMA.
Price closing below 20 Day SMA will strengthen bears of crude oil.
Weekly chart has given a bearish candle as discussed in a previous post. Now its the time for daily chart to confirm weakness by closing below 20 Day SMA.
No comments:
Post a Comment