Crude Uptrend or Correction ?

٧ ديسمبر ٢٠١٧

If crude is in uptrend, today's low @ 55.8 will act as support for target 62 If break today's low then target would be around 53 (@200ema)

٣ يناير ٢٠١٨

ملاحظة

Weekly RSI turning oversold..but can rally a little till 61.3
Safe traders can close their long & Initiate fresh shorts till 62.5 for the target of 58.5 keep SL above 63