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.
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Crude Oil : Monthly Cycle Charts
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