November 4, 2014

CRUDE Oil testing Month support zone



  • Crude oil continues to give bearish breakdowns as seen in daily chart. Descending triangle discussed in an earlier post has worked well for CL bears.
  • Right now price is testing crucial support zone as shown in Month Time frame. Price action for now looks bad for Bulls of crude oil.



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2 comments:

  1. Pinnacle Market Investment AdvisoryNovember 5, 2014 at 12:47 PM

    HPCL: Buy - 535.5, Goal - 551, stop loss - 525
    cairn India: Sell - 290.8, Goal - 280, stop loss – 299
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  2. UnknownNovember 5, 2014 at 2:55 PM

    Daily updates helps to investors ,they will know where to invest in market for sure shot profit..
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