CRUDE OIL 20.00 NOW UP & VOLATILE
WEEKLY PRICE CHART and probable price projections.
there are many options of analysis, I have kept it simple as possible...
If X=77.00, A=42.40, B=67.00-66.00, C=19.30 THEN D= 64.00-70.00 or upto 84.00-92(D=X*1.13-1.27 OR HIGHER).
FROM 19.30 higher to T1= 37.00-42.00(SUP/RES) then lower to 29.00-25.00 (supp/res), higher from here to T2=47.00-54.00(sup/res)
47.00-54.00 then lower again to 37.00-42.00 (sup/res), higher to retest T2=47.00-54.00 and continuation higher
to T3=64.00-70.00 for completion of D or an extension higher to T3=84.00-92.00 for completion of D.
there are many options of analysis, I have kept it simple as possible...
If X=77.00, A=42.40, B=67.00-66.00, C=19.30 THEN D= 64.00-70.00 or upto 84.00-92(D=X*1.13-1.27 OR HIGHER).
FROM 19.30 higher to T1= 37.00-42.00(SUP/RES) then lower to 29.00-25.00 (supp/res), higher from here to T2=47.00-54.00(sup/res)
47.00-54.00 then lower again to 37.00-42.00 (sup/res), higher to retest T2=47.00-54.00 and continuation higher
to T3=64.00-70.00 for completion of D or an extension higher to T3=84.00-92.00 for completion of D.
