EPIC CRUDE OIL TREND FOR TODAY-11-May-2013

**Admin** Sat May 11, 2013 4:49 pm

Crudeoil is in perfect uptrend .Currently Crudeoil is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The Crudeoil is now trading in overbought level. The Crudeoil is now trading in overbought level. The oscillator is showing BUY signal For short term Crudeoil is in HOLD LONG position.Positionally Support for the Crudeoil is 5099-5079-5058-5049-4982-. Immediate resistance for Crudeoil is 5269
Short term and Intraday Level of CRUDEOIL
Currently Crudeoil is in HOLD LONG position Crudeoil is moving sideways so short term investor better to buy only above 5248.0 with stop at 5136.0 The Crudeoil is now trading in highly overbought level. The oscillator is showing SELL signal

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