US CRUDE OIL TECHNICAL ANALYSIS SHORT TERM VIEW
US CRUDE OIL running in positive trend and its immediate strong support are 76.75 to77.75 level . Overall Stop loss is 76.25 level and it can rise towards 81 dollar .Overall crude reversed and now running in uptrend which can take it to 88 dollar sharply in near short term positionally .
QUICK FUNDAMENTAL LOOK
Oil prices rose Wednesday, helped by signs of cooling U.S. inflation, extending gains after industry data showed U.S. inventories shrank more than expected in the past week.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.