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Crude oil Short-term Trend Analysis & Tips

crude oil tipsCrude oil needs to crossover 4100 levels completely to keep moving upward. Afterward, it will jump for the 4150 – 4200 – 4260 – 4300+.

Two consecutive closing price below to 3920 levels indicates a solid downtrend. It could be up to 3800 – 3700 – 3600 levels.

Natural gas prices will explode now

mcx natural gas intraday tipsBreakout of the last week low initiates a new sell position. Downside up to 148 – 146 – 144 – 142.

Caution: a complete breakout required. Respect the trend but prepare for a reversal.

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Mr.Dev, has been in the forex and commodity markets since 1997. He’s one of the few non-biased investment advisors to have correctly called the current bull / bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts on Indian commodity markets & currency, he is becoming increasingly more renowned. Mr.Dev has been quoted in many of the newspapers. He is a highly recommended technical analyst by many of the local financial newsletters and advisory services. He also is founder of commodity profit sharing service on Moneymunch.

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