Markets - Crude Oil $75.08 up+1.04 bar chart.
Crude continues to run ahead and remains bullish, as I have mentioned
in my week-end Market Timing. Always check that report for the latest on
Crude, N.G., Gold, and the Dollar. We are all very busy so a quick review
is required reading. Start Mondays at the Market Timing report.
Bar chart, here below for Crude, shows it is rising swifter that the previous
rise to $78.77. That price should be exceeded on this rise. Target $79.90. Take a look at the MACD below, the buy signal came in right at the end of
August. and just three days ago, broke above the 28dma. Don't be short.
Pt.& fig.made a breakout forecast in my report dated June 17th then at
$68.54. Take a look on the web www.markets618.com for good measure.
Last rise in Crude, see on bar chart, took exactly two months, from June
1st to Aug.1st. Then a drop to exactly mid Sept.and away we go up again.
Many commodities make highs and lows on the end, or first of the month.
So use the charts to enhance your buy and sell prices.
Full up you gas tanks now at $2.78 a gal. Going back to over $3.
Charlton Capital Ltd. Mr.618. Bullish on Crude.
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