April 27, 2012

CRUDE OIL Resistance levels


  • Crude oil near channel top and 50 day Simple Moving Average.
  • Crude oil Bulls need a daily close above these levels for the up move to continue.
  • Getting resisted here will result in a fall towards the dotted support line. Falling below the dotted line may take crude oil towards 100 levels.
  • S&P 500 ANALYSIS AFTER CLOSING BELL


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