NYMEX CRUDE OIL coming down from 50 DMA, looks weak with a stop loss of 54.24.


NYMEX CRUDE OIL
Charts updated for - 16th February 2015.


  • Oil currently coming down from 50 days moving average, chart indicates as long as it holds below 54.24 it looks weak, short trades can use stop loss @ 54.24.
  • Further strength can be seen in Crude Oil once it starts trading above 54.25.
  • On down side crude will find trend line support around 43.58.
  • What is stop loss and Importance of stop loss in stock market.

No comments:

Post a Comment

Nasdaq Stocks Chart

Visit this blog daily for free nasdaq stocks chart and technical analysis on stock listed on Us Stock Market.

Nasdaq Composite Update - 17- 03 -16

Market Close Report: NASDAQ Composite index closes at 4,774.99 up 11.02 points.

Thursday's session closes with the NASDAQ Composite Index at 4,774.99. The total shares traded for the NASDAQ was over 1.85 billion.

Advancers stocks led declining by 2.17 to 1 ratio. There were 1954 advancers and 901 decliners for the day. On the NASDAQ Stock Exchange 42 stocks reached a 52 week high and 30 reaching lows.

The NASDAQ 100 index closed down -.09% for the day; a total of -3.94 points. The current value is 4,400.26.

DISCLAIMER

All the contents of http://nasdaqstockschart.blogspot.com are for educational purposes only and are not Investment Advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures. http://nasdaqstockschart.blogspot.com shall not be held responsible for the actions of individuals, parties, or corporations taken in response to the ideas, thoughts, concepts or information presented in this blog. Hence all the visitors are requested to apply their prudence and consult their financial or investment adviser before acting on any of the Ideas in this blog.