Stock Market Chart Analysis
My blog tries to Analyse the trend and patterns of stocks, Futures, Commodities and Forex Markets
March 28, 2015
CRUDE Oil weekend update
Crude oil up move got resisted at 100 Day SMA.
For crude oil bulls price needed to stay above the daily cloud instead price falls back and closed below the cloud.
As the second chart shows price is still inside the daily range. For bigger moves in crude oil this range must be resolved.
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