crude oil(图)

1. Weekly

Return back to its uptrend channel is very good.



2. Daily

It pulls back to its trend line and need to hold here. It holds its downtrend channel and now
needs to get over the green line at 110 soon.




2. Hourly

110 will be its resistance if it could go higher.




================================================ 1. Daily

It pulls back to its trend line and need to hold here. Other wise it will resume its downtrend.




2. Hourly

110 will be its resistance if it could go higher.




================================================ 1. Daily

It broke out from its down trend channel which is very good. Since it has a huge run from 90 -110 it will pull back from here.





2. Hourly

A very good 1-2-3 Rule trade here. breakout from its trendline, pull back to test its trendline and broke out recent high again.  




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1. Daily

It touches its lower trend line and bounces back. It's still in this stage 4 downtrend phase.
Right now it's near its upper down trendline, I think it will pull back some to around 100.

If it holds go long. If it drops under 100, go short.




2. Weekly

Drops under its uptrend line but managed to close above it last week. This shows 100 is really the support now.




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09/17/2008

It touches its lower trend line and bounces back. It's still in this stage 4 downtrend phase.




2. Hourly

will take profit around 100-101 and go short if it could not hold 100.





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买多：93.50. cut loss: below 90


1. Daily

really need a bounce from here.




2. Hourly.