Update on Crude
I was almost stumped towards end of Friday as I did not anticipate this
Crude closed lower than Thursday's level but in the process the EMA crossover was negated.
Crude EOD chart on Friday, 10th Feb 2012
I had to close the trade at 4908 with loss of 34 points![Down :down: :down:](https://www.traderji.com/community/styles/default/xenforo/smilies/xenforo-extended/down.gif)
On 11th Feb 2012, there was again a positive crossover and I have initiated longs again at 4925
I was almost stumped towards end of Friday as I did not anticipate this
Crude EOD chart on Friday, 10th Feb 2012
I had to close the trade at 4908 with loss of 34 points
![Down :down: :down:](https://www.traderji.com/community/styles/default/xenforo/smilies/xenforo-extended/down.gif)
On 11th Feb 2012, there was again a positive crossover and I have initiated longs again at 4925
Just my ideas looking at the chart, otherwise I have no idea about commodities