Sunday, October 26, 2014

Crude Oil Update 26/10/2014


Crude Oil weekly square chart updated 26/10/2014...
Data from GCI Metatrader Crude Oil Future.....
Price and Time squared for Crude Oil on 2nd week of April 2011 at 112.71 as seen in chart above.
Crude has yet to cross this level till date.
Crude has strong support at the level of 76.27 in the square above.
Resistance is seen at 90.57 till end of December 2014.
Below the support of 76.27 Crude under performance may continue and above the level of 90.57 it may show out performance.
Immediate support at 79.51 below which 76.27 may look possible for it.
Immediate resistance at 83.67 above which recovery is seen till end of 2014.

Happy Trading !!!

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