Sunday, July 20, 2008

Crude Cracks - Inder Bhatia

A few weeks ago, I had predicted crude topping and that it is ready to crack. The same thing has happened in the last 15 days. Now, a divergence can seen clearly on the daily chart. For coming days it will test $126-127, and then again it will move up to $135-137. Cracking below $125, crude will move for $120-115$.

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