On 16th July we released report on Crude oil to sell below 3267 for the downside target of 2559. Recent low of 2577
Click on the below link and see what we had written on that day
Just to remind you, Patience pays….Nothing else!!
Now what to expect???
Yesterday… Not able to breach its resistance level of 2670—2740 and slipped again to 2582 mark
Downside support seen at 2555—2520 and could test its support while resistance intact at 2670—2740
We will wait for trend reversal from here onward.. Let see it may take U- turn or panic remain continue
2400 act as major support for crude oil… Below that mark we will see slow poison in Crude oil till 2100—1800 mark
$38 act as immediate support in Crude oil
Just trade with levels only… Anything seems will update soon