Monday, June 16, 2008

crude oil-16-20june

crude oil is currently on consolidtion ..both side it can move..jsut obey the level. PIVOT , LOWER TARGET AND UPER TARGET VALID ONLY FOR CURRENT WEEK ONLY ---------------------
UPWAVE(4-5) WUT3 : --142
UPWAVE(2-3) WUT2 : --140
UPWAVE(0-1) WUT1: --137
WUT= WEEKLY UPER TARGET
++++(135.22) PRICE IS BULLISH ABOVE WEEKLY PIVOT POINT--------

----(134.13) PRICE IS BEARISH BELOW WEEKLY PIVOT POINT--------
WLT= WEEKLY LOWER TARGET
DOWN WAVE(0-1) WLT1 : ---132
DOWN WAVE(2-3) WLT2 : : ---130
DOWN WAVE(4-5) WLT3 : ---128