13 November 2014

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CRUDE OIL SHORT TERM ANALYSIS 

CRUDE IS STILL LOOKING WEEK BUT DUE TO HUGE CORRECTION FROM HIGH LEVEL AND CONTINUOUS 11 NEGATIVE WEEKLY CLOSING (REFER WEEKLY CHART ) CRUDE IS LOOKING OVER SOLD ON LONG TERM CHARTS ....BUT STILL THERE IS NO RESPITE IN CRUDE AND HENCE FURTHER CORRECTION/CONSOLIDATION CANT BE RULED OUT TILL 4500-4200 LEVEL'S....ANYONE BUYING CRUDE SHOULD HAVE 4186 LEVEL IN MIND AND ON UPSIDE WE CAN SEE CRUDE GOING TILL 5350-5500 WHERE IT HAS MULTIPLE RESISTANCES...I ADVICE TRADERS TO WAIT FOR THE CONFIRMATION FROM CHART AND TO ENTER ON BREAKOUT'S....BE WITH US FOR LEVEL'S CALLS...WILL  POST APPROPRIATE CALL/LEVEL ONCE THEY ARE VISIBLE ON CHART...

CRUDE OIL 30 MIN CHART



CRUDE OIL ONE HOUR CHART




CRUDE OIL WEEKLY CHART