Wednesday, September 12, 2012

OIL Sept 11-2012

 Trade Idea Crude Oil (Oct 12) intraday: the bias remains bullish.

Pivot: 95.55
Our Preference: LONG positions above 95.55 with targets @ 97.7 & 98.25.
Alternative scenario: The downside penetration of 95.55 will call for a slide towards 94.1 & 93.1.
Comment: the RSI has just broken above a bearish 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. Visit Us www.deryworldscorp.web.id

No comments:

Post a Comment

Followers


Flag Counter

Subscribe via email

Enter your email address:

Delivered by FeedBurner