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CRUDE OIL (FEB 12) INTRADAY: FURTHER ADVANCE.
2012-01-20 11:02:49

 

CRUDE OIL (FEB 12) INTRADAY: FURTHER ADVANCE.
Pivot: 101.00

Most Likely Scenario: LONG positions above 101 with 102 & 102.7 as next targets.

Alternative scenario: The downside breakout of 101 will open the way to 100.15 & 99.3.

Comment: the RSI broke above a bearish trend line.
 

 

 



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