Friday, July 20, 2012

Crude Oil Jul 20-2012


 Trade Idea Crude Oil (Aug 12) intraday: further advance.

Pivot: 90.70
Our Preference: LONG positions above 90.7 with 93.4 & 94.3 in sight.
Alternative scenario: The downside breakout of 90.7 will open the way to 89.3 & 88.05.
Comment: supported by a rising trend line.


Disclaimer The analysis we provide is based on the average estimate of price movements in one day. Does not guarantee what we deliver is actually a proper and correct. Everything that happens in the decisions you make on your trading transaction is to be Your responsibilities.
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