Markets - Crude Oil $133 - Next Target $139 - bar chart.
Chart shows $133.5 price, that is yesterday's. Today hit $135 record.
Crude Oil price is on a take-off, parabolic rise and the "next" price
target is at $139, off my math chart.
Bar chart below, shows the wave pattern and we are in the third one
off a triple the low Dec.2007 through to early Feb.at $85, $85, and $86.
By math calculation, we have 1.618 off those lows. 86 x 1.618 = $139.1.
US Dollar at 72.21+0.28 is now breaking down so positive for Crude.
Charlton Capital Ltd. Mr.618 . Good luck!
|