My blog tries to Analyse the trend and patterns of stocks, Futures, Commodities and Forex Markets
March 17, 2016
CRUDE Oil Chart update
Month chart shows the crucial event of price violating the Multi Year lows, But price managed to close back above 2008 lows. Daily chart shows price approaching 200 Day SMA. If crude bulls managed to close above 200 SMA a bigger up move is possible.