Wednesday, July 25, 2012

Crude Oil Jul 25-2012


Trade Idea Crude Oil (Sep 12) MT: further advance.

Pivot: 83.60
Our Preference: Bullish above 83.6 with targets @ 94 & 96 in extension.
Alternative Scenario: Below 83.6 eye a drop towards 75.
Comment: the crossing of the 20-day simple moving average above the 50-day one is bullish signal (golden-cross).



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.

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