Crude Oil : Critical Point 87.46

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Hong Kong Qindex 13:08 GMT January 8, 2011
Crude Oil : Critical Point 87.46 : Reply
Crude
Entry: Target: Stop:

Crude Oil : Critical Point 87.46

This week the market hit a low and a high at 88.03 and 91.55 respectively and it closed at 88.03. As shown in the monthly cycle charts a critical point is positioning at 87.46. The monthly cycle congested area indicates that the market has a tendency to trade within 77.64 and 88.86.

Crude Oil : Monthly Cycle Charts
http://www.qindex.com/crude-oil.html

Crude Oil : Monthly Cycle Charts

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