As Discussed in Last Analysis Coming week we have important time cycle on 10 June and 3721 price levels suggesting if we hold 3721 we can see a reverse rally on crude till 3835/3920/3969 odd levels. Bears will get active below 3680 for a move back to 3620/3560
Crude made high on 10 June time cycle date and corrected all the way till 3536 doing our 3 target on downside. Now for coming week we have important time cycle on 21 June and 3700 price levels suggesting if we go above 3721 we can see a reverse rally on crude till 3788/3835/3920/3969 odd levels. Bears will get active below 3650 for a move back to 3600/3560/3512/3477.
Crude Time Cycle
21 June Important time cycle date.
Weekly Trend Change Level:3700
Levels Mentioned are for June Contract Crude