December 15, 2011

CRUDE OIL Support levels

  • Price fall is pausing near 200 SMA so bears of crude oil should break this level for further correction
  • Two important cluster of supports in weekly chart are 93.50 - 94.60 and 89.60 - 90.50.
  • First cluster has stopped the fall for now. If 93.50 breaks crude oil may fall towards 90 levels.
  • Price staying above 200 SMA will favor bulls of Crude Oil.
  • SILVER TREND UPDATE
  • S&P ANALYSIS AFTER CLOSING BELL

1 comment:

  1. San,
    BUY Signal 12-15 9:40 am ET

    http://screencast.com/t/fWSugXMLwz

    ReplyDelete