Friday, September 14, 2012

OIL Sept 14-2012

Crude Oil (Nov 12) intraday: the bias remains bullish.

Pivot: 98.70
Our Preference: LONG positions above 98.7 with 100.7 & 101.4 in sight.
Alternative scenario: The downside breakout of 98.7 will open the way to 97.5 & 97.05.
Comment: the immediate trend remains up and the momentum is strong.


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

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