Monday, 19 December 2011

Energy Crude & Natural Gas Intraday Tips


Crude was very volatile of last week. It made a high of 5392, and finally big sell-off was seen due to increase in production by OPEC. Now in this week, we may consider resistance at 5100-5155-5275 and stay below, avoid fresh buy, and down side support at 4800 to watch out. Lower level, do not panic and some recovery cannot be ruled out.

Trend Decider of this week: 5082


After a long gap, finally broke major support level of 170 and heading towards the 140-143 mark in coming days. Bulls must avoid to buy side. "Natural gas today's tips" is buy in lower level and sell above 5 to 7 points.


1 comment:

  1. Thanks for the info, it was really helpful. I'll surely visit back again later.