Crude oil is bearish for medium-long term. Currently Crude oil is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Crude oil is in SELL position. Positionally Immediate support for Crude oil is 4728.Resistance for the Crude oil is 5045-5106-5109-5122-5138-
Short term and Intraday Level of CRUDE OIL
Currently Crude oil is in HOLD SHORT position The Crude oil is in downtrend For short term buy only if close above 4917.0 The Crude oil is now trading in highly oversold level. The oscillator is showing SELL signal
Crude Oil Tips
Intraday Trend- Buy is advised above 4880.6 with a stop at 4746 Below 4707.7 go for sell
Intraday Resistance of CRUDE OIL are 4829.3/4858.6/4888.3/4923.3/4958.5
Intraday Support of CRUDE OIL are 4758.7/4729.4/4698.9/4680.8/4646.7/4612.6
Get Commodity Tips Free calls just click on: Max Commodity