*Obviously. Elaine*
On Wed, May 21, 2008 at 1:05 PM, James Arifin <[EMAIL PROTECTED]> wrote: > kelihatannya bentar lagi OIL bisa ada big correction > > > On 5/21/08, Aria Bela Nusa <[EMAIL PROTECTED]> wrote: >> >> *Crude Oil >> <http://www.incrediblecharts.com/tradingdiary/2008-05-20_gold_forex.php#crude_oil> >> * >> >> June 2008 Light Crude broke out above its narrow consolidation at $125 per >> barrel and is likely to test $130. Reversal below $124, while not expected, >> would signal another retracement to test support at $120. Rising trendlines >> show an accelerating up-trend, or self-reinforcing cycle. We are likely to >> witness a sharp upward spike if the acceleration continues — followed by a >> steep drop as the market corrects from its excesses. >> >> [image: Crude oil] >> >> The long-term chart of Brent crude shows price at the upper border of the >> trend channel. Further rises above the channel would again warn of a >> blow-off spike. >> >> [image: Brent crude oil] >> >> >> >> > >
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