My blog tries to Analyse the trend and patterns of stocks, Futures, Commodities and Forex Markets
January 8, 2018
CRUDE Oil Week and Month Chart analysis
Crude oil week nearing previous resistance zone around 63 levels.
Month chart shows the falling resistance line from 147 levels. If crude bulls manage to stay above 63 levels then the Up move may extend towards the Falling resistance line. But this may take some more months to materialise.