November 10, 2016


  • Crude oil daily has fallen below 200 Day SMA. Crude bears trying hard to keep price below this moving average. Daily close above this line may result in a bounce.
  • Next 2 charts shows crucial support zone. Daily close below 43 may take price towards 39 levels.
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My Favourite Quote

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore