22-Apr-2015
8:40 PM IST
NYMEX Charts before and after Inventory
Before Inventory
After Inventory
6:16 PM IST:
CMP: 56.53.Already Buy Call running from 55.95, check freecommodityanalysis.blogspot.in for calls & views.
Now, as long as 55.72 holds support, I expect to see [57.10], 58.30, 59.4, 59.9, [60.4], 60.9, 61.2, [62.5], [63.25].
WHERE ARE WE NOW?
I've given below two variations of wave 4 (abc, wxy). Let us wait and watch how this progresses.
abc correction
wxy Correction
21-Apr-2015
11:41 PM IST.
Risky Buy NYMEX Crude at cmp 56.20, Max SL 55.75, TGTs: 57, [58], 58.9,[ 61.4]. MAX SL 54.75.
http://freecommodityanalysis.blogspot.in/2015/04/todays-views-calls-21-apr-2014.html
21-Apr-2015 5:29 AM IST
CMP 57.86
Now, as long as 55.75/54.85 holds support, I would like to see 57.8 (done), 58.9, 61.4 on the upside.
Strategy: Buy on dips, with SL 55.7 for the above targets.
Retracement Levels
Wave 4 Counts
8:40 PM IST
NYMEX Charts before and after Inventory
Before Inventory
After Inventory
CMP: 56.53.Already Buy Call running from 55.95, check freecommodityanalysis.blogspot.in for calls & views.
Now, as long as 55.72 holds support, I expect to see [57.10], 58.30, 59.4, 59.9, [60.4], 60.9, 61.2, [62.5], [63.25].
WHERE ARE WE NOW?
I've given below two variations of wave 4 (abc, wxy). Let us wait and watch how this progresses.
abc correction
wxy Correction
21-Apr-2015
11:41 PM IST.
Risky Buy NYMEX Crude at cmp 56.20, Max SL 55.75, TGTs: 57, [58], 58.9,[ 61.4]. MAX SL 54.75.
21-Apr-2015 5:29 AM IST
CMP 57.86
Now, as long as 55.75/54.85 holds support, I would like to see 57.8 (done), 58.9, 61.4 on the upside.
Strategy: Buy on dips, with SL 55.7 for the above targets.
Retracement Levels
Wave 4 Counts
6-Apr-2015
As per my Analysis, I expect to see 52.4, 54, 57, 58.6, 59.5, 63.2 positionally, if crude supported by 47, 43.58, 42.42.
Original Post: http://freecommodityanalysis.blogspot.in/2015/04/nymex-crude-analysis-6-apr-2014.html
