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CRUDE OIL UPDATE II: Corrective Pull-back Within DowntrendTop ↑  Our Services Video Tour Subscribe to our newsletter Apr 16 2013 Oil prices found a support around $86 per barrel after five waves down in wave 3 followed by a rally out of an impulse channel which confirms the idea of a completed wave 3 and wave 4 pull-back in progress. We will be tracking a three wave rise in wave 4 back to $89-$90 resistance area before price once again breaks lower, this time through $86 per barrel and possibly towards $84 support from November 2012. (1).gif) Newsletter archive
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Trading forex, futures, options, stocks, cryptocurrenices or any another trading market carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could lose some or all of your initial investment; therefore you should not invest money that you cannot afford to lose. Our website and the information that we provide should not be relied upon as a substitute for extensive independent research before making your investment decisions. In no event will we be liable for any loss or damage on your account in connection with, the use of our products. For any real cash investments you have to contact your financial advisor.
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