Dear All,
In our last post we told we might go for C wave to complete ABC up and given target of 5000---5200 ..........we are close to 5200 now .........
http://abhaymehrotra.blogspot.in/2012/12/trading-idea-crude-oil-short-term-update.html
............we are sub dividing in C wave up ........and close to some imp Resistance levels in Crude...
Crude long to Medium term : Bearish target --->>3000/1600
Crude Short to very Short term : Bullish to Neutral --->>>>-5134---5200
Imp: We expect Reversal in crude between these levels ..........
Bulls can trail with 5000 as trailing sl .
Kindly chk chart ...
Thanks & Regards
Abhay Mehrotra
In our last post we told we might go for C wave to complete ABC up and given target of 5000---5200 ..........we are close to 5200 now .........
http://abhaymehrotra.blogspot.in/2012/12/trading-idea-crude-oil-short-term-update.html
............we are sub dividing in C wave up ........and close to some imp Resistance levels in Crude...
Crude long to Medium term : Bearish target --->>3000/1600
Crude Short to very Short term : Bullish to Neutral --->>>>-5134---5200
Imp: We expect Reversal in crude between these levels ..........
Bulls can trail with 5000 as trailing sl .
Kindly chk chart ...
Abhay Mehrotra
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