Crude Oil is trying to perform an inverse head and shoulders pattern on the daily timeframe. - Price objective : In the short term (trading): 113.2$ For short term investment : 134$ Maximum profits expected from the investment : 145$ (depending on the market conditions) - Exit position at the first bearish/reversal signs.
Big trap is expected in NASDAQ 100 E-mini Futures.
Beautiful support level for short term investors. Target : Previous high Exit at first reversal signs.
NASDAQ is showing a strong support level as presented in the chart. Target : previous daily high Exit position at first reversal signs.
Bearish configuration is expected on COCOA market. Demand on commodities is being reduced by the FED (raise in interest rate). N.B : Markets does not respond immediately to the raise of interest rate - SO BE CAREFFUL .