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CRUDE OIL (FEB 12) INTRADAY: THE BIAS REMAINS BULLISH.
2011-12-28 10:21:02

 

CRUDE OIL (FEB 12) INTRADAY: THE BIAS REMAINS BULLISH.
Pivot: 98.40

Most Likely Scenario: LONG positions above 98.4 with 100.5 & 101.4 in sight.

Alternative scenario: The downside penetration of 98.4 will call for a slide towards 97.55 & 96.75.

Comment: The RSI is mixed with a bullish bias.
 

 



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