Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
May 29, 2015
Crude oil chart analysis
Crude oil daily trying to protect 50 Day SMA. Unable stay above 200 SMA is negative for crude bulls.
Weekly chart shows price moving around 23.6% Fib level. Crude bulls need price to close the week above this level to avoid further weakness.
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