October 2, 2010

CRUDE Oil weekly chart analysis

WEEKLY LINE CHART
  • Crude oil has broken out of the weekly triangle.
  • As per the second chart which shows a channel this commodity will hit resistance at 83 that is the top of the channel. Further upsides are possible only if the channel breaks out.
  • This post on crude oil is  a continuation of the last POST which was done yesterday.

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