My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
July 18, 2016
CRUDE Oil chart analysis
First chart shows price below 50 Day SMA.
Chart 2 and 3 shows price testing crucial support zone. Close below 100 SMA may lead to bigger correction. For Crude Bulls price must move back above 50 SMA For resuming the bigger up moves.
No comments:
Post a Comment