March 25, 2013
- Crude oil 50 Day SMA is getting tested. Crude oil bulls need a daily close above this line.
- Price is near previous support level of 94.97 - 95.25.
- Price is also at the Golden ratio.
- Bulls has to close above these resistance levels to extend this pullback. Weakness at the current levels may lead to a retest of the recent low again.
- ES DIAMOND PATTERN UPDATED
- ES 4 Hour chart shows diamond breakout.
- One hour chart shows crucial support and resistance lines.
- Last chart shows 30 Minutes cloud. Price sustaining above the cloud may lead to a continuation of the current up move.
- Bears should now hope for a busted Diamond pattern.
- BLACKBERRY WEEKEND UPDATE
- APPLE WEEKEND UPDATE
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