Make your own free website on

Daily technical analysis

About us
Crow Trading Strategy
Trend Reversal Points Algorithm
News Sources
Psychology of trading
Capricorn Capital

Crude Oil Lt Sweet Pit (Nymex)
20 March 2008


Crude Oil (May 08) intraday: The downside prevails
  Pivot: 104.15

Our preference: SHORT at 104 with targets at 101.3 and 99.8.

Alternative scenario: A penetration of 104.15 would call for 105.04.

Comment: The price fell below its 60-min 20MA. The RSI doesn't show any clear reversal signs.

Enter supporting content here

Contact info and legal notice

Commodities trading carries a high level of risk so you should only speculate with money you can afford to lose.