SUNDAY
WEEKLY UPDATE
Crude Oil last week broken its long term support at 5660 levels and closed
well below 5660 levels, prices is expected to drop further up to 5550 levels
in the days to come, trend for the commodity remains very much bearish and
is expected to drop in big way if prices close below 5550 levels.
Weekly Call :
Sell Crude oil between 5645 – 5675
with stops above 5725
for targets 5575 and 5550.