US CRUDE OIL TECHNICAL ANALYSIS SHORT TERM VIEW
US CRUDE OIL has strong support 76.46 to 79.41 levels and it can rise towards towards 94 levels without touch 74 level positionally.Overall trend is positive and inner calculations made reversal so short term support is 83.35 to 85 level and stop loss is 80.60 and target is 94 dollar sharp.
QUICK FUNDAMENTAL LOOK
Oil prices edged higher early on Monday, staying close to the highest this month on tight supply and concerns over the possibility of the war between Israel and Hamas spreading into the other Middle East countries.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.