Markets - Crude Oil $93.84 up+1.77.
Before I write another word, I wish to inform you, that following this report, you will also get the Bar chart and secondly the Point and Figure chart as a separate e-mail. This I believe, the best way to show what has been and that is what is coming. The bar chart indicates "Time" but the p&t.chart does not, but gives you the math resistance levels. Have you noticed, on many p&f charts the rise has made a top on five waves up and for the drop, we get four down. I always look for such moves. So lets get on with the Crude price.

Last report was dated Oct.25th then at $90.46 up+3.36 and I wrote:- "Here we go for my target $92.60, given to you on Oct.1st, then Crude was $80.15........ And so it came to pass, after all, it's only "math and geometry?. The next target was at $100 but said it is a major resistance and it hit $98.62, and we reversed down on the p&f chart as did gold almost the same day. Gold report dated Nov.9th then at $837 stated is was overbought and so it was. The US Dollar hit bottom at 76 and is making a weak effort to rise, now 75.8. It doesn't have much of a chance to rise, but the charts have turned in it's favor Math down side target for crude oil is $85.90, drop of $12.72 from record $98.62. Nov.9th, forecast, crude had a major resistance at $100. Short by $1.38, pity. You are constantly told that the rise in crude oil is due to demand vs supply, but one of the main reasons, is the drop in the US Dollar. You have been told here. If you doubt all this reasoning, take a look at a chart of Gold vs Monopoly money.

Next to follw, bar and p&f charts.

Charlton Capital Ltd. Mr.618 here.