Tuesday 22 July 2014

NYMEX Crude Positional View 22-July-2014

Based on my Analysis,
If Crude Supported By 101.48, I expect upmove towards 104, 105, 105.7, 106.9+++. First I would like to see 103.89.

If 103.89/103 restricts and if correction is not over, I expect 101.50, 100.91, 100 on the downside.

Supports: 99, 101.48
Resistances: 104, 103.