Pivot: 99.80 Our preference: LONG positions above 99.8 with targets @ 102.1 & 102.9. Alternative scenario: The downside penetration of 99.8 will call for a slide towards 99.2 & 98.35. Intraday Chart with Supports and Resistance:Read more ›
Post Tagged with: "Crude Oil Intraday Analysis"
Crude Oil Turning Down Our Pivot: 97.70 Our Preference; Short Crude oil below 97.33 with a strict stop loss at 97.70 and profit target at 96.11 and 95.60 Alternative Scenario; Upward Penetration of 97.70 will call for 98.33 and 98.56 NOTE; Crude oil have reached in an over bought region […]Read more ›
Crude Oil Bias Remain Bullish Our Prefrence: Long Positions above 90.53 with traget at 92.15 and 92.60 Alternative Scenario: Downward breakage of 90.53 will call for 90.15 and 89.60 NOTE: Crude Oil prices have adopted an upward trend channel and stochistic is supporting bullish run for a shorter term which […]Read more ›