Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
May 6, 2015
CRUDE Oil trend update
Crude oil daily at 200 Day SMA.
Bulls yet to show any weakness. As long as price stays above 4 Hour cloud and 23.6% Fib level up move will continue.
Crude oil bears need a Bearish Daily candle at 200 SMA which may hint of weakness.
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