oil plunges by more than 8 a barrell, page-37

  1. FiendishRedbeard
    9,111 Posts.
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    18/07/08
    15:19
    Post #: 4009547

    Posted on this previously and got in wrong with a calling the top aound US$125. Try again....

    Significant breach of 50dma occured opens likely test of 200dma currently at US$106. Also most significant oil/gas producers failing to follow crude higher and reversing well before crude, see this often in gold/silver markets and usually a key indicator.

    DYOR
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