December 11, 2016

  • Crude oil month chart shows a Bullish pattern being formed. Price sustaining above 52 levels will be negative for crude bears.
  • Levels to watch are 52.42 on top. 
  • Bears need to sustain below 49.61 on closing basis for bigger falls to follow.
  • Broadening pattern of EURUSD


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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