Wednesday, July 29, 2009

Crude oil technical Analysis 29thjuly2009


Crude Oil has Broken the Coorective trend Line , Which started From recent lows of 58$ extended to 68.87$, On upside Now will face Stiff Resistance at 67.86$ , Next Support Seen at 64.4 $ , Below Which Could Open trgts as Low as 62.4 $

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Silver Technical Analysis 29th july 2009

Wednesday, July 15, 2009

Gold Technical Analysis 15th july2009


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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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

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