Crude :Will kiss and cross 3810 -3843

20 February 2010

Crude Update

Monthly chart indicates once closes above 3844 for 3 days will take to 3980-4274.

Day Traders ,Have a close eye on 3710 level.

-Two consecutive close above this level then expect nonstop rally upto 3810-3843 level.

(From recent low of 3275 had spurted upto 3717 level ,so in short term looks highly overbought)

-Weekly/Monthly chart indicates uptrend to continue.

-I will update more to our Subscribers.

Updated at 10:21/20th Feb/Baroda

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