19 Sept 2014 Light Crude Oil Analysis


CLV, Light Crude Oil, Crude Oil, Oil, Commodities, Commodity, technical analysis, projection, price projection Light Crude Oil failed to go higher than 94.7 on the daily chart.

CLV, Light Crude Oil, Crude Oil, Oil, Commodities, Commodity, technical analysis, projection, price projection Resistance at 93.3-93.6 likely to push the price of Crude lower towards 92.42 (shown by the red line levels)

CLV, Light Crude Oil, Crude Oil, Oil, Commodities, Commodity, technical analysis, projection, price projection 93.67 at the moving average is the next resistance, once 93 has been broken

Trend Direction
S3
S2
S1
R1
R2
R3
Entry
Stop Loss
Exit
Bearish  91.23  91.68 92.42 93.67  94.7 95 Resist at 93.3 94.2 92.4, 91.68

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