Crude oil g toppish, losing momentum, near importance resistance Short

Crude Oil FuturesNYMEX

Description

⋅ Mar 3, 2016 5:54 PM

Toppish wedge pattern, near long term trend resistance.

Key support at $34.20, broken opens min $31.75.

Standard taget between $29.65 and $28.20.

Comments

tbuckle

⋅ Mar 4, 2016 5:21 PM

With todays spike do you think your theory could still be a good possibility? Thanks for your reply.

AMBRISH

⋅ Mar 4, 2016 3:03 AM

Thanks.