Crude Oil : Critical Point 42.90
Hong Kong Qindex 14:25 GMT 01/06/2015 - My Profile

Crude Oil : Critical Point 42.90

As shown in the monthly cycle congested area the market is under pressure when it is trading below the monthly cycle pivot centre at 52.19. The next targeting point is 40.05 which is located in the lower barrier, 39.80 // 41.57, of the monthly cycle projected series. Speculative selling pressure will increae when the downward trending momentum is strong enough to penetrate through the critical point at 42.90.

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Melbourne Qindex 08:51 GMT November 30, 2014
Crude Oil : Critical Point 73.44 : Reply
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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