Weblog Disclaimer :
The information in this weblog has been obtained from sources believed to be reliable. Its accuracy and completeness is not guaranteed and opinions are subject to change without notice. This weblog is for information only and not to be construed as a solicitation for contracts. We accept no liability for any direct or indirect losses arising from the use of this weblog.
Wednesday, January 13, 2010
NYMEX Crude Daily: Entering into consolidation phase
Market is entering into consolidation phase after tested the recent high at USD83.95. Hence, upside resistance is now looking at USD83.95 followed by USD85.00. Downside support is adjusted to USD79.00-78.00.
