Fast Sco the Initial Indicator has a lot of room left for upside followed by a Bullish Candle Stick Pattern
The Major Indicators Slow Stochastic is facing Resistance as highlighted in the chart - Commodity Channel Index & Relative Strength Index has more room for upside which tells the Prices May move above actual resistance 94.78 to 95.56.
Though Monthly Indicators are suggesting a reversal but if we watch keenly one can see its still below the resistance channel which makes Crude Oil Vulnerable to fill the June 2013 Gap 90.82 - 89.96
The Major Indicators Slow Stochastic is facing Resistance as highlighted in the chart - Commodity Channel Index & Relative Strength Index has more room for upside which tells the Prices May move above actual resistance 94.78 to 95.56.
Though Monthly Indicators are suggesting a reversal but if we watch keenly one can see its still below the resistance channel which makes Crude Oil Vulnerable to fill the June 2013 Gap 90.82 - 89.96
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