Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
October 19, 2012
CRUDE Oil Ascending triangle
Crude oil daily chart shows an ascending triangle pattern.
For bulls price has to deal with 50 and 200 Day SMA for the Ascending triangle to do well.
Unable to move above these two moving averages will result in continuation of the fall.
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