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Crude is trading above $55 levels which is a bullish breakout levels as mentioned in my last post
Quick Update on Crude and currently testing the next level of resistance $60. Any breakout
above $60 will test $68 in short term and the targets are extracted from weekly charts by applying
our 13,34,55 EMA Principle to Crude Weekly Charts
Weekly EMA levels for Crude
$53 – 13 Week EMA
$60 – 34 Week EMA
$68 – 55 Week EMA
Recent Topics about Crude :
Quick Update on Crude – 19 Apr 2009
Breakout in Crude – 19 Mar 2009
Crude Uptrend or Downtrend? – 12 Mar 2009
