March 21, 2011

CRUDE Oil Resistance line

  • Crude Oil Hour chart is showing resistance at 104.20 level.
  • Hour closing above 104.20 will favor bulls of Crude oil.
  • 101 is an important level for the bulls of crude oil to protect. Breaking and closing below 101 will be bearish for crude oil.
  • ES Above 200 hour moving average

No comments:

Post a Comment