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Disclaimer: This is my personal Blog, reflecting my very own views on Forex , shares and commodity tradings. As such, all informations provided here are barely for information purposes only,. The author should not be held liable for any errors, incomplete information, delayed messages, or for any actions taken in reliance on information contained herein.This blog is new, being established on 06,May.2010. While I am executing trades, posting will be sent simultaneously. The date/Time indicated here is of US Pacific zone(++15 Hours for Singapore/KL/Beijing, Or ++7 hours GMT)

Tuesday, May 25, 2010

Crude is Heading to 60/bbl ??

Due to the  heavy sell down ON  all major Equity Markets below the 200 EMA, (FTSE, S & P 500, DAX, HSI, NIKKE),  FEARING FOR THE POSSIBLE PROLONGED RECESSION,  The Crude is on a Heavy SELL down  today breaking the Critical 67.50 level.. If you see the Chart, below, breaking below 67 decisively will expose  60 .

Just be patient to wait for the decisive breaking below the 67 level.

COM518a

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