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Crude Oil (101.16) : Weekly Cycle Analysis

Melbourne Qindex 05:50 GMT March 12, 2011
Crude Oil : Critical Point 98.15 : Reply
Entry: Target: Stop:

Crude Oil (101.16) : Weekly Cycle Analysis

The market is under pressure when it closed below the monthly cycle pivot center at 101.38. The monthly cycle pivot centers are positioning at 97.15 - 99.48 - 101.38. The bias is on the downside when the market is trading below the weekly cycle pivot center at 103.11.

Monthly Cycle Directional Indicator : [84.19] - [82.32] - 97.06 - 97.15 - 97.52 - [98.15] - 99.48 - 101.38 - 101.68 - 103.11 - 111.06 - 111.38

Crude Oil : Monthly Cycle Charts