It seems crude has changed short term trend. It will move more upside to USD 90 and USD 100 and even more....Monday low will be stoploss....I will buy on dips...
Natural gas too will move up....I will buy on dips....
It seems crude has changed short term trend. It will move more upside to USD 90 and USD 100 and even more....Monday low will be stoploss....I will buy on dips...
Natural gas too will move up....I will buy on dips....
Crude Oil
Crude is short term brearish and Long term bullish....Short term target near 6000. However Crude can move up till 6490-6556 zone and then fall from there for target of 6000......
and long term target near previous high. I will look to buy near 6000 or below 6000 depending on price action confirmation.