OIL: Friday and ...Monday's expectations

[Nostradamus359]

will be here

check back this evening

 

[SAINT]

Oil has broken the weekly trendline from March after failing to break the 200 sma and $75 ceiling.

$65 is the bottom of range from late July. Break that and you've got a $55 technical target, extended from 75-65.

 

[Nostradamus359]

October 2

 

[Nostradamus359]

October 5-6

 

[Nostradamus359]

This my draft calculation, please excuse if not exact.

I would watch for tomorrow weird situation on some data @ 2pm and 4pm move up and utilize them.

 

[Nostradamus359]

@4pm is a spike up