Wednesday, July 29, 2009
Friday, July 17, 2009
Wednesday, July 15, 2009
Crude Technical Analysis 15th july2009
Conjestion Near Resistance
Crude oil Retracted back to Re-test the First Fib Resistance of 23.6 % , (Calculated From Recent high of 73.5 $ to Recent lows of 58.25 $), A Close above Same on Daily charts could Open possible upside trts till Next Resistance of 38.2 % Which is around 64 $
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Tuesday, July 14, 2009
Monday, July 13, 2009
Crude Technical Analysis 13th July 2009
Crude possiblity of Small pull back . Check out chart for the upper resistance in near zone
Note : Reco open on Crude BTST :: Booked half and Moved SL below Cost
Friday, July 10, 2009
Thursday, July 9, 2009
Crude Technical Analysis 9th July 2009
Crude Chart 15-min , Loads of Buy / Sell Reversals indicated in Short Span of time . Suggesting bears Might be Looseing Strength or Some profit Booking & Consolidation before Next move
Expecting a Good Move upto 62.8 if manges to Cross 60.6 Before making New Low
Note :: Chart is Updated For Educational purpose to Explain Few Technical terms And Shouldnt be Taken as a trading Recommendation
Wednesday, July 8, 2009
Silver Technical Analysis 8th July 2009
Silver Currently trading at 12.95 $ , had broken the important medium downward Trend line coming up from the recent lows of 8.44 $. The break-down level was 13.25$--13.35$ . On Daily Charts after closing taking Support at 12.97$ the Short term Support it Reversed back to Re test the Support which was broken and it acted as String resistance. Breaking below 12.97$ again . The Yellow trend line on Chart is Medium term trend line & Red Horizontal Line Shows the 12.97 $ Support
Looking at Intraday 15 Min Charts , a Evening Star & gravestone Doji Were Clearly visible , Signally that its Facing Strong Resistance at 13.15 $ levels and Inviting Fresh Shorts
A Close below 12.97$ Would Initiate further selling pressure Which Could drag Down the prices to 12.68$--12.54$--12.25$ Over Next few Days--week
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