Wednesday, December 28, 2011

Crude Oil Tips for Today

CRUDE (JAN)
Crude saw the better account accretion as US Economy letters adumbrated that advance in the world's accomplished awkward customer will accelerate. As a result, it fabricated a top of 5300 a fore convalescent from the low of 4940, which indicates concise trend, is bullish. Now in this week, if amount stays aloft 5300 for a few sessions, it will move added and may analysis 5375, thereafter added up move cannot be disqualified out. On the lower side, 5150-5170 has to be watched out; actually breaking with aggregate will add bottom ward the bias. Do not open/hold continued side.

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