Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Crude Oil : Critical Point 73.44 *LINK*

Crude Oil : Critical Point 73.44
Melbourne Qindex 08:51 GMT 11/30/2014 - My Profile
Crude
Entry: Target: Stop:

Crude Oil : The monthly cycle pivot centres are positioning at 52.19 - 58.61 - 67.80. the market is stable when it is able to trade above 67.80. One of the monthly cycle projected series is running from 30.94 - 73.44 (see the monthly projected series in my webpage). The market sentiment would change if the market momentum is strong enough to overcome the resistant barrier of the Critical Point at 73.44. The pattern of the monthly cycle charts indicate that the market has a tendency to trade within 62.82 - 69.90 (see the graphic presentation in my webpage). In an extreme situation it is possible to see 30.94 in the next several months.

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