May 1, 2013

CRUDE Oil chart update

 
  • Crude oil testing 200 Hour SMA. Hourly close below this level may weaken crude oil bulls further.
  • For Crude oil bulls there is hope in Four hour Ichimoku cloud and crucial Fib levels for a bounce. 
  • For an extended fall price must break the cloud shown in 4 Hour time frame.
  • GOLD TRIANGLE BREAKDOWN
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