Showing posts with label Crude Oil Forecast 3-13-11. Show all posts
Showing posts with label Crude Oil Forecast 3-13-11. Show all posts

Thursday, March 17, 2011

Crude Oil Forecast UPDATE

I begin with my gratitude to The All-Knower

My forecasts about crude oil have been coming to fruition, with His Blessings. I predicted a low on 03/14 and I got a low on said date, and it was retested on my next time cycle for the low in both cases, the price of $97 (+/- $0.64) low was tested and stood as strong support, and then crude oil reversed sharply

Sunday, March 13, 2011

Crude Oil Forecast UPDATE

I commence with my gratitude to The All-Knower

Crude Oil has traded down since my forecasted date of reversal on 03/04 (+1 trading day).
Please see the attached chart for further price analyses. Next price levels to watch, if it breaks below the current level of $100, are $97.22, $94.92, $92.36. It MUST NOT break the level $89.77 (+/-$0.64).
If Crude Oil breaks the level of $97.00, then it is going to $89.77 (+/-$0.64).
Time Cycles remain the same. I shall be keenly watching these price cycle when going into the time cycles, as it shall reverse strongly.