Monday May 24, 2004 - 02:20:07 GMT
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Crude Oil : Critical Supporting Point at 39.06
Crude Oil (Weekly Cycle) : Critical Supporting Point at 39.06
The key quantized level of my weekly cycle is positioning at 39.06 which is going to be a super magnet of this week. The congested area of my weekly cycle is projected at 39.06 - 42.38 and the mid-point reference is 40.72. Speculative selling will increase if the markey can penetrate through a projected barrier at 39.52 - 39.58. The odds are in favour of taking a short position.
Weekly Cycle Quantized Levels
... // 37.40 - 38.23 - 39.06* - 39.89 - 40.72 - 41.55 // 42.38* ...
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