February 21, 2013

MCX CRUDE Oil Target for the breakdown

 
  • CRUDE Oil first chart shows daily time frame with range breakdown. Sustaining below the range should target 91 levels in the coming day's.
  • Price has closed below 50 Day SMA which will favor bears of Crude oil to extend the fall.
  • Price is nearing 38.2% Fib level.
  • SPX ANALYSIS AFTER CLOSING BELL
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