Hong Kong Qindex 04:06 GMT March 4, 2012 - My Profile
Crude Oil : Critical Point 105.07 : Reply
Crude
Entry: Target: Stop:
Crude Oil : Critical Point 105.07
The monthly cycle directional indicator suggests that supporting barriers are expected at 102.17 // 103.60 and resistant barriers are located at 108.19 // 112.62. On one hand the monthly cycle charts suggest that the market has a tendency to trade between 105.07 and 111.32 but on the other hand the market is under pressure when it is trading below the monthly cycle pivot centre at 108.19.
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Crude Oil : Monthly Cycle Charts
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