Of course I don't make long term price predictions.
Mainly because I'm always wrong.
Daily Crude Oil Chart (click on chart to view)
Showing posts with label crude oil prediction. Show all posts
Showing posts with label crude oil prediction. Show all posts
8/06/2008
How Low Will Crude Oil Go?
Crude oil seemed to find some support around the 89EMA as it stuck to it for 9 days. However it has now broken free of the 89EMA and is sitting on the 144EMA. If it breaks this level $100.00 can't be too far away.
Of course I don't make long term price predictions.
Mainly because I'm always wrong.
Daily Crude Oil Chart (click on chart to view)
Of course I don't make long term price predictions.
Mainly because I'm always wrong.
Daily Crude Oil Chart (click on chart to view)
4/25/2008
Crude Oil Sale Over
No more idiotic crude oil predictions from me. The beauty of day trading with the trend remains, I don't need to know where crude oil is going, I just follow.
Always a nice day to trade when there is only one direction.
(click on chart for better view)
An American and Iranian skirmish at sea set the price of crude oil up today, however it could not get over $120 a barrel. We shall see if that remains as resistance or if we move back down to the 34 EMA (white line).
Always a nice day to trade when there is only one direction.
(click on chart for better view)
An American and Iranian skirmish at sea set the price of crude oil up today, however it could not get over $120 a barrel. We shall see if that remains as resistance or if we move back down to the 34 EMA (white line).
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