27th Jun - Brent Crude Oil Bulls Awake!
27 June 2014
WEEKLY CHART –
CONTINUATION:
The falling resistance has finally
been clearly breached, after
earlier indecisive erosions of this.
A fresh bull signal is in place!
DAILY CHART – Aug-14:
A recent breach of the 110.32 Mar
high was seen, providing a clear
bull signal that reinforced that on
the Weekly chart. With the
channel top projection also
cleared bulls’ eyes swivel towards
a Fibo projection at 118.55 now.
The old channel top around
112.55 offers first support, ahead
of the Mar high.
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