Crude had strong support at 3730 .....once broken ( I expect it will be broken on Monday).....Crude will head towards 3300 (Positional).....IF SUSTAINED ABOVE 3730 ON DAILY CLOSING BASIS THEN CRUDE IS SHOWING SIGNS TO BOUNCE BACK FROM CURRENT LEVELS....ONLY TIME WILL TELL....FOR ME SHORT TERM CRUDE IS WEAK.....TRADE WITH STRICT SL.....
BUT LONG TERM VIEW ON CRUDE IS STILL BULLISH....POSITIONAL TRADERS SHOULD BUY ON DIPS FOR TGT 4200+
BUT LONG TERM VIEW ON CRUDE IS STILL BULLISH....POSITIONAL TRADERS SHOULD BUY ON DIPS FOR TGT 4200+