weekly crudeoil forecast starting 21st may 2012
crude oil has cracked with significant speed in last 2weeks, now a good support in crude oil prices at 88$ watch this , if this support breaks and close below this level than it can drag till 85.50-83$ and even more downside in crude oil prices not ruled out.
a good resistance in crude prices at 97.50$ if this resistance breaks and it close above this level than it can roar till 99-101$ and even more rise in crude prices can be seen
will update more if required
