Channel of CRUDE Oil

• Month chart shows price violating the broken resistance zone and moving back above it. 
• Weekly chart too shows the candles coming back to close above that line. 
• For now the smaller time frame is moving in a sideways channel between 52 - 54 and 56. for a bigger direction or trend to happen price must move breakout or breakdown from this channel. Till then price likely to move between 52 and 56
• GOLD Weekend update
• SILVER Weekend Update
• GOOGLE Weekend update
• TESLA Weekend Update
• RUSSELL 2000 BROADENING TOP

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Broadening Top of IWM, Russell 2000

• Broadening Formations like this one especially in Higher time frames can be used to pick goo swing trades Instead of breakdown or breakout trades.
• In this case Price has hit the upper boundary of the pattern But there is a Bull Flag which is likely to take price towards the resistance line of Broadening formation again.
• For bears Immediate levels to watch out for weakness is 50 Day SMA and the low 133.17. close below 50 Day SMA should give some strength for Russell bears.
• SILVER Weekend Update
• GOLD Weekend update
• TESLA Weekend Update
• GOOGLE Weekend update

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