Tuesday, March 17, 2009

Crude Oil Market Update 03/17/09


CLJ9 APRIL LIGHT SWEET CRUDE OIL DAILY:
From false breakdown in February to a retest of the neckline of $50.00. We are up $10.00.

CLK9/CLJ9 MAY/APRIL SPREAD DAILY:

Another crushing of the spread as delivery comes near.


CL#F CONTINUOUS LIGHT SWEET CRUDE OIL WEEKLY:

Inverted head and shoulders has held and the market is now testing its neckline of $50.00.



CL#F CONTINUOUS LIGHT SWEET CRUDE OIL MONTHLY:


FRONT GOLD/FRONT CRUDE OIL WEEKLY:


RISK DISCLOSURE: PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. THE RISK OF LOSS IN TRADING FUTURES AND OPTIONS IS SUBSTANTIAL AND SUCH INVESTING IS NOT SUITABLE FOR ALL INVESTORS. AN INVESTOR COULD LOSE MORE THAN THE INITIAL INVESTMENT.

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