Monday, August 11, 2008

CRUDE OIL 11-15 AUGUST -WEEKLY REPORT

ONE EOD BASIS CRUDE 3RD DOWN WAVE NEAR ON COMPLETING GOING ON..4RTH UPWAVE (CONSOLIDATON)IS ON CARD .IN INTERMDITATE TIME UPWARD MOVE CANT IGNORE
, LOWER TARGET AND UPER TARGET VALID ONLY FOR CURRENT WEEK ONLY --------------------- PRICE IS IN INDIAN RS
UPWAVE(4-5) WUT3 : --5,330
UPWAVE(2-3) WUT2 : --5,205
UPWAVE(0-1) WUT1: --5,003
WUT= WEEKLY UPER TARGET
++++(4,877.64) PRICE IS BULLISH ABOVE WEEKLY PIVOT POINT--------
----(4,800.36) PRICE IS BEARISH BELOW WEEKLY PIVOT POINT--------
WLT= WEEKLY LOWER TARGET
DOWN WAVE(0-1) WLT1 : ---4,675
DOWN WAVE(2-3) WLT2 : : ---4,473
DOWN WAVE(4-5) WLT3 : ---4,348