Thursday, 10 July 2014

Crude Positional View 10-July-2014

POSTED IN INVESTING.COM

11-07-2014 00:04
If crude successfully breaks 103, Positionally, I expect a long rally. Supports: 101.55, 98.74, 97.28, 91.24/Resistances:104.49, 104.98, 105.21, 107.67. --- If so, My Upside targets: 104.49-104.98-105.21, 105.80, 106.61-106.78, 107.67-107.90-107.99, 108.46, 109.08, 109.70-109.92-110.18, 110.55, 111.40, 112.02, 112.68, 113.79 and more. THIS IS JUST AN ADVANCED VIEW. WHOEVER WANT TO TAKE A NOT OF IT CAN TAKE IT. IF YOU DON'T LIKE OR DISAGREE, JUST WATCH, DON'T CRITICIZE.

11-07-2014 00:05
NOTE: This is LONG TERM POSITIONAL.

11-07-2014 02:14
On the Down Side, If Crude Restricted by 103, we may see 101.54, 100.97, 100.65-100.25. If this happens, 98.75 will be the next base support. Crude will GO UP if and if only, it breaks 103 from my view.
Crude Oil

11-07-2014 02:29
Whatever may be the down side, my up side targets are the same, AS LONG AS 98.74 holds support for LONG TERM POSITIONAL. My Strategy is Buy on DIPS. For short term trades, any sell stop loss would be 103.05, buyers stop loss is 101.50. One can try to sell at 102.90, with SL 103.05 for the targets in the previous message.

11-07-2014 02:30
Whatever may be the down side, my up side targets are the same, AS LONG AS 98.74 holds support for LONG TERM POSITIONAL. My Strategy is Buy on DIPS. For short term trades, any sell stop loss would be 103.05, buyers stop loss is 101.50. If any body wants to Sell can sell at 102.90, with SL 103.05 strict for the targets 101.54, 100.97, 100.65-100.25.


Supports: 101.60, 98.74, 97.28, 91.24.
Resistances:104.49, 104.98, 105.21, 107.67

If Crude supported by 101.60, My positional view is Up Move.

Upside targets:
104.49-104.98-105.21, 105.80, 106.61-106.78, 107.67-107.90-107.99, 108.46, 109.08, 109.70-109.92-110.18, 110.55, 111.40, 112.02, 112.68, 113.79,

L4: 105.21, 108.46, 110.55, 113.79, 119.13.
L3: 104.98, 106.79, 107.90, 109.71, 112.68, 115.15, 117.16.
L2: 104.49, 105.80, 106.61, 107.99, 110.18, 112.01, 113.79.
L1: 107.67, 109.08, 109.92, 111.40, 113.79, 115.64, 119.13.