After a breakout of 3800 Crude has been making Lower Highs and Lower Lows....showing a strong down trend ......
SELL CRUDE AT 3247-3251....OR SELL BELOW 3180.....
CRUDE MAY FACE SUPPORT AT NEAR 3000 LEVELS IN BETWEEN AND MAY SHOW SOME CORRECTION TILL 3200 LEVELS AGAIN....BUT IT WILL EVENTUALLY BREAK 3000.....REMEMBER TGT 1700 IS LONG TERM NOT SHORT TERM....SHORT TERM TGT 3000
Keep selling crude on rise....It will drop more and more towards 1700 levels in coming months....Surely there will be spikes in between but it is not the point of worry.....Crude is very weak and in down trend for sure.....
Good luck and enjoy the down trend...
SELL CRUDE AT 3247-3251....OR SELL BELOW 3180.....
CRUDE MAY FACE SUPPORT AT NEAR 3000 LEVELS IN BETWEEN AND MAY SHOW SOME CORRECTION TILL 3200 LEVELS AGAIN....BUT IT WILL EVENTUALLY BREAK 3000.....REMEMBER TGT 1700 IS LONG TERM NOT SHORT TERM....SHORT TERM TGT 3000
Keep selling crude on rise....It will drop more and more towards 1700 levels in coming months....Surely there will be spikes in between but it is not the point of worry.....Crude is very weak and in down trend for sure.....
Good luck and enjoy the down trend...