Oil Sell Setup as per Monthly Chart.

2016年7月10日

Details on chart.

2016年8月1日

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Stop now at BE.

2016年8月2日

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Break of 40 will drive oil towards 38 and 37.

2016年8月4日

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Sell jumps of oil.. it is still under 42.5 and under 55 sma on 4hr chart... Daily closing required above 42.5 to calm sellers.. till then it is on sell

2016年8月4日

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Oil can fall below 40 again today... possibilty on cards!!!

2016年8月4日

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Key figure for today is 39.9... above jumps are expected and if that gone that oil in coming week towards 37

2016年8月5日

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For today, as far as oil is above 41.4 it is bullish.. below it will turn bearish with downside consolidation.

2016年8月5日

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Sell oil once it takes out 41.4 for targets towsrds 41 and 40

2016年8月5日

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Oil taken out 41.4... Now move towards 41 and 40.6 likely

2016年8月9日

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We are approaching close to Seasonal Bearish months.. i am short and will remain short for coming months.. lets see how far this relief rally goes upside..

2016年8月10日

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Oil data today and market already crazy.. oil can jump from market prices 42.25.. stop of buy will be 41.9 and stop of sell now at 43.5. Market bit crazy now a days in currencies too.. lets market take some decision and till then i am at sideways