Markets Index Crude Oil $61.93 dn-1.26.
This time, here is the bar chart of Crude Oil the last 13 months. I have been observing the price of $64 which is a sq.number and must be watched for any future move up or down. Previous close was $63.19 and so below the $64. Day's high hit $63.44 and the low hit $61.56 and as the bar chart shows, a triple top resistance, The price is now going lower and my target is $57.60.
We are coming off a triple top pattern that hit a high $67.05 mid Apr. The math chart shows $57.60 is also the sq.of 24, is 576.
There has been a lot of attention to the high price of gasoline and it has been so constant to a degree, that the price has reached a short term top at $3.00, 87 octane. My last recommended "buy" was at a very low $2.17 in my report dated mid Jan. Just buy what is required for now. The media has not explained why gasoline is so high, as they inform us the high price always come in the summer, the high driving season. Well, let me tell you, it's all a speculation. It's "old hat" to me.
Charlton Capital Ltd. 618 here.