Oil Sell Setup as per Monthly Chart.

10 Tem 2016

Details on chart.

1 Ağu 2016

Not

Stop now at BE.

2 Ağu 2016

Not

Break of 40 will drive oil towards 38 and 37.

4 Ağu 2016

Not

Sell jumps of oil.. it is still under 42.5 and under 55 sma on 4hr chart... Daily closing required above 42.5 to calm sellers.. till then it is on sell

4 Ağu 2016

Not

Oil can fall below 40 again today... possibilty on cards!!!

4 Ağu 2016

Not

Key figure for today is 39.9... above jumps are expected and if that gone that oil in coming week towards 37

5 Ağu 2016

Not

For today, as far as oil is above 41.4 it is bullish.. below it will turn bearish with downside consolidation.

5 Ağu 2016

Not

Sell oil once it takes out 41.4 for targets towsrds 41 and 40

5 Ağu 2016

Not

Oil taken out 41.4... Now move towards 41 and 40.6 likely

9 Ağu 2016

Not

We are approaching close to Seasonal Bearish months.. i am short and will remain short for coming months.. lets see how far this relief rally goes upside..

10 Ağu 2016

Not

Oil data today and market already crazy.. oil can jump from market prices 42.25.. stop of buy will be 41.9 and stop of sell now at 43.5. Market bit crazy now a days in currencies too.. lets market take some decision and till then i am at sideways