Tuesday, July 24, 2012

Crude Oil Jul 24-2012


Trade Idea Crude Oil (Sep 12) intraday: under pressure.

Pivot: 89.80
Our Preference: SHORT positions below 89.8 with targets @ 87.8 & 86.75.
Alternative scenario: The upside breakout of 89.8 will open the way to 90.9 & 91.7.
Comment: as long as 89.8 is resistance, look for choppy price action with a bearish bias.


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. Visit Us www.deryworldscorp.web.id
Sign up for OKPAY and start accepting payments instantly.

No comments:

Post a Comment

Followers


Flag Counter

Subscribe via email

Enter your email address:

Delivered by FeedBurner