WTI CRUDE TRADING LEVELS FOR 04-09-15

04-09-15 crude

WTI CRUDE LAST CLOSE:46.69 

Yesterday updated , KEEP EYE ON $45.35 , UNTIL TRADING ABOVE IT CAN ZOOM UP TO $46.70, ABOVE $46.70 IF TRADES FOR 20-30 MINUTES THAN CAN RISE UP TO $47.54 ABOVE $47.54 IF SUSTAINS FOR FEW MINUTES CAN RISE UP TO $48.90…. CRUDE HAS TO CLOSE ABOVE 50 SMA $48.15 TO BRING MORE STRENGTH…

check with naked eye , crude make low of $45.65 and high of $48.42

Today will face hurdle at $46.92 , if cross and sustain above on hourly basis can see rise up to $47.97 , if sustains above $47.97 on hourly basis than can see $48.63- $49.69, MINOR SUPPORT $45.86 if breaks than can even slide till $45.20-$44.15….

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About ASHISH JAIN

13 years experience in MCX , NSE & COMEX
This entry was posted in CRUDE ANALYSIS, LEVEL GENERATOR and tagged , . Bookmark the permalink.

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