NYMEX:CL1!   Light Crude Oil Futures
298 8 1
Crude oil             weekly chart shows price hovering inside the cloud with a negative bias...we have nearly completed the 50% retracement from 26$ to 51$...the big question is will it hit the 61.8% where the lower end of the cloud also exist...any closing below the cloud and its all over for crude.

Long entry only above 45$ on a weekly basis as long as the forward cloud is positive.

New Higher highs in weekly time frame....looking gud fr 60$ now....shanging Trailing SL to 41.40 on a weekly close.
Gud news frm OPEC on production cut....changing trailing SL to 40.60$ on a closing basis...
changing trailing stop to 40$ on a weekly basis
weekly close above 50$... tats nearly after a year...made a new high this week as compared to last week and we r certainly closing above last week ...we r now changing the initial stop loss to a trailing Stop Loss at 38$ now.....the expected retracement didnt happen this week ..expecting big move next week....
Overall a gud week fr crude ..the closing above 50$ would have been the icing on the cake.....some retracement is expected next week which can take it to 48$...
Gud week till now...any close above 48 is a bonus....
Hope we close above 46.50 for this week to get some more momentum on the upside....
We r long now ...TGT price of 60$ Stop 35$
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out