Markets Index Crude Oil $58.91 dn-2.86 p&f chart
In this report I need not say much, this point and figure explains
it all. Crude got hit and reversed down 4 sqrs.and will stay down
for a while, so will keep my eyes on it for you.
It was only last Th.Mar.8th then at $61.64 dn-0.18 and I wrote:- "Next move should be down". It was! I say no more.
It will be a while before the next turn but a lower prices are on the
charts. N.G.gapped down also, by 0.32 at $6.91. Now that's a change,
for both to gap down the same percentage. May be the hedge funds
have lost too much money trading N.G.and have given up. The charts
of both Crude and N.G.should be carefully watched for this change.
Charlton Capital Ltd. 618 and that's all it takes. |