SUNDAY
WEEKLY UPDATE
Crude Oil prices last week bounced to 3300 levels and closed at 3125,prices was facing a strong
resistance at 3230 and 3300 levels, supports at 3100 and 3000 levels trend remains bearish,
we expect prices to test 3000 to 2900 levels in the days to come, over all trend for the
commodity remains bearish and sell on rises is advisable.
Weekly Call :
Sell Crude oil mini or crude oil between 3120 to 3170
with stops above 3230
for targets 3000, 2950 and 2900.
