September 16, 2017

CRUDE Oil Weekend Update

  • Crude oil Daily has a Bullish Head and shoulders pattern.
  • Price for now is pausing near the resistance zone of 50.50. More strength for Crude oil bulls If price is above to stay above 50.50. Possible targets for this move are 51.88 and 53.45 Levels.
  • Weakness if price falls below 48.60 Levels. Last chart shows Bearish swings on price falling below 48.60 Zone.

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