We are patiently awaiting interesting support on WTI. Between 40-42.5 Coronavirus is clearly driving the market down and has not yet been eliminated. 2nd opportunité 25$ S & P500 wekkly:
Bhoomi Comex caught move from 53.70 to 46.20 and going
As discussed MCX Crude found resistance at 3615 and fell sharply. Futures traders made good money of 60-70 points in no time. Support for the day 3415 Resistance for the day 3502 Expectation Range bound with reversal in US session My trade Buy near support , sell near resistance Real time update I'll update on social media channels whenever I get time
As per sine wave a analysis, now crude has enter in the down side zone and as per the gann angle it will move towards narrow downside range will see a crucial bottom level of 9-10 doller in april 2021.
As discussed 3680 gave support to crude till US session and broke in equity sell off. With global volatility to continue for 48-72 hours more , I have suggested to buy 3800 CE at lower levels , target is updated live as 144. Support for the day 3557 Resistance for the day 3692 Expectation I am expecting high range bound volatility over next 24-48 hours and a...
As discussed live Crude hit a low around $ 50.45 in US session. We went short with 3700 pe at 48 and booked profit at 132. Put went on to hit a high of 160+. Support for the day 3680 Resistance for the day 3761 Expectation Pull back underway , 3761 might get tested My trade I'll try to buy 3800 CE at support Real time update I'll update whenever I get...
As for a trend view I expect crude can touch 55$ to 57$ another few days