Tag Archives: Crude Oil

CRUDE OIL confirmed last night a strong closing above the top of the previous few session but it failed to remain above the 100 level for long.

CRUDE OIL confirmed a weak closing last night after plunging toward the 200 days line at 97,30 that we expect to test in the coming hours. 

CRUDE OIL is still well bid suggesting further upside potential toward November’s top at 103,37. We expect however the move up to be corrective, still.

The CRUDE OIL confirmed yesterday a weak closing last night  but only a break below 95,00 confirmed by a daily closing will extend the drop.

The CRUDE OIL confirmed a negative closing below the 200 days line suggesting further downside risk. It failed however to confirm one below the 96,70 level!!

The CRUDE OIL confirmed a weak closing on Friday confirming therefore the negative outside day reversal it formed on Thursday.

The CRUDE OIL formed yesterday a negative outside day reversal with now 103,50 – 98,20 the levels to follow in the coming hours.

The CRUDE OIL confirmed the expected overshooting of the 100 level even on closing suggesting further upside potential in the s/t.