Crude Weekly Forecast

By | May 26, 2019

As Discussed in Last Analysis  Till we are above 4360-4390 range bulls will have upper hand, Also Planetary line helped in capturing the bottom.

Once 4390 was broken on 22 May we had a waterfall kind of decline all the way towards 4000 levels. Coming week Till we are below 4128 range bears have upper hand can push towards 4000/-3969 range and below than 3844/3721. Bulls will get active above 4130 again for a move towards 4180/4225/4298/4356-4390 range.

Crude Time Cycle

27 May Important time cycle date.

Crude Neural Analysis

Below video we have discussed on 24 April when crude made top and it foretasted fall till 28-29 May we have fallen almost 700 points from high. Now we can see a rally after 29 May as per Neural Analysis.

Weekly Trend Change Level:4128

Weekly Resistance:4177,4225,4291,4354

Weekly Support:4064,4000,3938,3875

Levels Mentioned are for June Contract Crude

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