Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
December 7, 2011
CRUDE OIL Channel and Moving average update
Crude oil Channel in daily chart is pausing near the resistance band of 102 - 104.60.
Price is still above 200 and 20 Day Moving averages.
Weakness in crude oil on closing the day below 20 Day SMA.
MCX Crude oil chart below this post
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