February 21, 2014

CRUDE Oil trend update

 
 
  • Crude oil 4 hour chart shows correction in a bullish channel.
  • Crude oil bulls should stay above the 4 hour cloud to avoid a bigger fall.
  • Daily chart shows possible support at previous resistance zone.

2 comments:

  1. These charts are great - thank you very much. Could you take a stab at usa natural gas or UNG? There seem to be lot of volume fighting a slow turn up in the UNG. yet fundo's are all suggesting NG is tight and getting tighter.

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  2. Hi Sam
    I will try to do a weekend update for UNG

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