Daily Technical View On Crude And N.G.

10-01-2011


Crude View
Trend- Consolidate
Strategy-Buy On Dips
Res1-4070 Res2-4150
Sup1-3980 Sup2-3910


Natural Gas View
Trend:- Consolidate
Strategy:- Sell On High
Res1- 207 Res2- 215
Supp1- 197 Supp2- 189
 
11-01-2011

Crude View
Trend- Consolidate
Strategy-Buy on Dips
Res1-4110 Res2-4170
Sup1-4020 Sup2-3930

Natural Gas View
Trend:- Consolidate
Strategy:- Sell on High
Res1- 205 Res2- 213
Supp1- 193 Supp2- 186
 
12-01-2011

:smart:

Crude View
Trend- Consolidate
Strategy-Buy on Dips
Resistance-4150,4230
Support-4070,3990


Natural Gas View
Trend:- Consolidate
Strategy:- Sell on High
Resistance- 205, 213
Support- 193,186
 
13-01-2011


Crude
Trend:- Consolidate
Strategy:- Buy On Dips
Resistance-4180,4250
Support-4010,4030



Natural Gas
Trend:- Consolidate
Strategy- Sell On Highs
Resistance-207,215
Support- 197,189
 
14-01-2011

:clap:

CRUDE VIEW
TREND- CONSOLIDATE
STRATEGY-BUY ON DIPS
RES1-4180 RES2-4250
SUP1-4110 SUP2-4030


NATURAL GAS VIEW
TREND:- CONSOLIDATE
STRATEGY:- SELL ON HIGH
RES1- 205 RES2- 215
SUPP1- 197 SUPP2- 189
 
17-01-2011

:D

Crude View
Trend- Consolidate
Strategy-buy On Dips
Res1-4270 Res2-4330
Sup1-4180 Sup2-4110


Natural Gas View
Trend:- Consolidate
Strategy:- Sell On High
Res1- 207 Res2- 215
Supp1- 197 Supp2- 189
 
18-01-2011


Crude View
Trend-consolidate
Strategy-buy On Dips
Res1-4270 Res2-4330
Sup1-4180 Sup2-4110



Natural Gas View
Trend:-consolidate
Strategy:-sell On High
Res1-207 Res2- 217
Supp1-201 Supp2- 193
 
19-01-2011

:clap:

Crude View
Trend-consolidate
Strategy-buy On Dips
Res1-4270 Res2-4330
Sup1-4180 Sup2-4110


Natural Gas View
Trend-consolidate
Strategy-sell On High
Res1- 207 Res2- 215
Supp1- 201 Supp2- 193
 
20-01-2011


Crude View
Trend- Consolidate
Strategy- Buy On Dips
Res1-4270 Res2-4330
Sup1-4180 Sup2-4110

Natural Gas View
Trend- Consolidate
Strategy- Sell On High
Res1- 207 Res2- 215
Supp1- 201 Supp2- 193
 
21-01-2011


Crude View
Trend-consolidate
Strategy-buy On Dips
Res1-4180 Res2-4250
Sup1-4070 Sup2-3990


Natural Gas View
Trend-consolidate
Strategy-buy On Dips
Res1-219 Res2- 227
Supp1-207 Supp2- 197
 
24-01-2011

:clap:

Crude View
Trend-consolidate
Strategy-buy On Dips
Res1-4150 Res2-4230
Sup1-4060 Sup2-3990


Natural Gas View
Trend-consolidate
Strategy-buy On Dips
Res1-223 Res2- 231
Supp1-209 Supp2- 201
 
25-01-2011

:clap:

Crude View
Trend-consolidate
Strategy-buy On Dips
Res1-4090 Res2-4150
Sup1-4010 Sup2-3940



Natural Gas View
Trend-consolidate
Strategy-buy On Dips
Res1-223 Res2- 231
Supp1-209 Supp2- 201
 
27-01-2011


Crude View
Trend-consolidate
Strategy-sell On High
Res1-4040 Res2-4120
Sup1-3910 Sup2-3830



Natural Gas View
Trend-consolidate
Strategy-sell On High
Res1-205 Res2- 213
Supp1-193 Supp2- 185
 
So, your recommendation with crude back down to $86 is to "Strategy-sell On High".

Yet, when gold was up around $91 Dec 27 thru Dec 31 your recommendation was "Bullish" and "Strategy-Buy on dips"

If... and that is only an "if"... I had bought on the dips when oil was $91 and "Bullish", and decided to "sell on high" today around $87... one month later... how much profit would I have realized ?

You would have me sell for a loss... (n)

That is "if" I had been following your recommendations for the past month, which I have not been.

Actually, I am thinking the contrary. I am thinking I should be buying crude at this level... but not so fast !
Oil seems to be building a local base at the 6mos support trend line: http://www.flickr.com/photos/ac26xp/5392622407/sizes/l/in/photostream/

Therefore, if oil breaks above $88 I buy.
If oil breaks below $86, I sell.

And since you are now "Strategy-sell On High", you are thinking oil will break below $86...?
Which means you should have been recommending a "Strategy-sell On High" since Jan 1... right?

But, hey, everyone has an opinion and entitled to share it.
That's what these public chat boards are for, right...?

Good luck !
 
Last edited:
28-01-2011

:clap:

Crude View
Trend-consolidate
Strategy-sell On High
Res1-4020 Res2-4090
Sup1-3910 Sup2-3830



Natural Gas View
Trend-consolidate
Strategy-sell On High
Res1-206 Res2- 215
Supp1-199 Supp2- 190
 
capital,

what is 4020?
Crude is trading around 86-87???
 
Last edited:
31-01-2011


Crude View
Trend-consolidate
Strategy-buy On Dips
Res1-4170 Res2-4250
Sup1-4040 Sup2-3990



Natural Gas View
Trend-consolidate
Strategy-sell On High
Res1-206 Res2- 215
Supp1-197 Supp2- 190
 
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