Market Trend - Technical Analysis: Crude

Showing posts with label Crude - Daily. Show all posts

Wednesday, April 28, 2010

$CRUDE - Daily Market Thought 280042010

Crude double top at 87 actived target 80.40. Can we have here bearish formation "Bearish wedge" or ascending channel. Wedge target 69.50 if this is a ascending channel low of the band 73.
But for now we will focus this update short-term view. Key number short-term range 82.12 (EMA55) and 80. Above this area trend bullish for now. Breakout downside 80 we would see 76.50 Continuation will give 73.
Resistance short-term 84.14 and 85.22 resistance medium term 92.
Click to zoom in. Good luck folks.

Sunday, February 28, 2010

CRUDE - Daily Market Report

Only with a close daily above 81.20 can expect test high of the year.
Click to zoom in. Good Luck.

Wednesday, February 17, 2010

CRUDE - Daily Market Report 17/02/2010

Crude just like spx500. Last low when Test EMA200 with bullish divergence.
Close near first resistance area. See 80.50 key number coming sessions.
Click to zoom in. Good Luck!!