Tuesday, October 9, 2012

OIL Oct 09-2012

Crude Oil (Nov 12) intraday: under pressure.

Pivot: 90.75
Our Preference: SHORT positions below 90.75 with targets @ 88.9 & 88.25.
Alternative scenario: The upside penetration of 90.75 will call for 91.8 & 92.9.
Comment: capped by a negative 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

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