Disqus for www.money99.in

Monday 12 September 2016

Crude oil slide on drop in US crude inventories : 12 Sept 2016

Crude oil futures closed lower in the domestic market on Friday as investors and speculators exited positions in the energy commodity due to a surprise drop in US crude inventories.

The Energy Information Administration reported a whopping 14.5 million-barrel drop in US crude stocks for the week ended on 2nd September.

Previous day session the crude oil has given short signal @ 3140 and today it is open with gap down . Now it has mark new low.  You can observe further target as per fibonacci level given in chart. 

Running profit ++110 point as per system


Parag Patil is a technical analyst and trading system designer with stock excel programmer. I hope the articles and live chart of nse future and mcx on this Website will be as helpful and profitable to you . I try to update and post new articles tips everyday. My motto is to encourage the traders, so that they should able to understand the technique views behind the moment of stocks. I have deeply analyzed with many technical indicator with parameter and added to my amibroker afl. And even taken backtest report which is never being implemented. Any of the analyst expect me. Seeing all this you may understand that my views is more technical than commercial. If you are profited by my views I fill happy.

0 comentários:

Dear Friends,
Sorry to say that you are suffered for the chart initially available, now they are restored and you can very well see the chart on money99.org similar to money99.in.
And all of you are intimated that we are going to develop more and more in money99.org to facilitate your dreamy demands.

Disqus for www.money99.in

Recent Posts

© Copyright 2015 Money99. Designed by Parag Patil