Crude Oil Futures and Crude Oil Options

[Czar]

Alex hourly chart is threatning to drop dead, check & lemme know, sent pm

 

[the tape]

Hello all !

Saw you people discussing charts so could'nt hold myself

A weekly view on crude

On a weekly, crude has made one of the most bearish formations there can be..

A is a perfect bearish candle but its normal. it appears every now and then but,

B are 3 candles that should damage it down further. observe the closing prices of the three candles. they did not go anywhere and its huge consolidation.

In my opinion, 90 seems to be a pretty reasonable target but, timing is tricky

 

[NJ:)]

after a fall if sum instrument trades flat........probably......its getting ready for another fall.......

: )

regards

nj : )

 

[Czar]

Tape: so many Bibi's (b's) I want see (c)

 

[renu daga]

CZAR KEEP UR MIND NEAT / CLEAN FOR TRADING

nj,, its not necessary,,,that afte fall it is ready for another fall,,,
it can be consolidation,,,,correction complete...cant be sure ,,,

renu

 

[the tape]

CZAR KEEP UR MIND NEAT / CLEAN FOR TRADING

That is why i posted my view on weekly. didn't mean to damage anyone's original ideas.

 

[NJ:)]

CZAR KEEP UR MIND NEAT / CLEAN FOR TRADING

nj,, its not necessary,,,that afte fall it is ready for another fall,,,
it can be consolidation,,,,correction complete...cant be sure ,,,

renu

renu ji that is why i used the word " PROBABLY "


regards

nj : )

 

[Czar]

CZAR KEEP UR MIND NEAT / CLEAN FOR TRADING

nj,, its not necessary,,,that afte fall it is ready for another fall,,,
it can be consolidation,,,,correction complete...cant be sure ,,,

renu

So many distractions soo little time...

but important thing guys to note is "afte fall" is a new kind of fall... please keep teaching us Renuji

 

[renu daga]

czar ,,,,u are out of this forum,,, suspended for 7 days,,,n further posting form u now on nifty threads

renu

 

[Czar]

Looks like crude is holding y'days bottom, maybe tomo I exit this & check, since views are divided here, 2 bullish & 2 bearish... unless it goes above $111


Renu:

I stay in traderji's server cant kick me out