Wednesday, 15 June 2016

NYMEX: Crude Analysis 15-Jun-2016

Is this in play?



24-Apr-2016

Bear Scenario:

As long as 35.2 supports, we can see 44.8 first, and further 45.4, 46.4-46.8, 47.5-47.8, 49.2, 50.26.

If crude resisted by 50.91$ and any reversal from the above levels, first target 26$ and further targets 21, 19.89, 17.89$.


Original Post:

http://rajmarketresearchanalysis.blogspot.in/2016/04/crude-positioanl-analysis-24-apr-2016.html




15-Jun-2016

CMP: 47.81

If crude resisted by 48.68$, I expect to see 47.42, 46.95, 46.66-46.48, 46.18, 45.77, 45.41 next.