Wednesday, June 11, 2008

Crude Oil for June 09-13 - Rakesh Chandra

Pivot, lower target and upper target are valid for current week only.

Upwave(4-5) WUT3: 154
Upwave(2-3) WUT2: 150
Upwave(0-1) WUT1: 143

Price is bullish above weekly pivot point 139.10;
Price is bearish below weekly pivot point 136.55.

Weekly down target:
Down Wave(0-1) WLT1: 132;
Down Wave(2-3) WLT2: 126;
Down Wave(4-5) WLT3: 122.

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