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Re: [RT] crude oil whats next

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Here is my daily chart for August Crude.  There is still downside pressure being applied to price, but the indicator is in an over extended area of the chart.  The target price for the down move is 125.  for price to start a move higher it would have to go through 135 and then the first price objective would be 141. 
 
The shorter term chart shows that there is support at 129.  There is downside pressure being applied on this chart also,but there is divergence at the low.  For price to start higher from this level it would have to go through 132 and then 134 and 137 would be the first two price objectives for a move higher. 
 
----- Original Message -----
From: Ben
Sent: Sunday, July 20, 2008 11:13 AM
Subject: [RT] crude oil whats next

Hello
 
do not have time to post a chart
right now looks  like we fill the gap on the chart
(down)
however. that be BE the time to step up to the plate to go long
how hi?
here are my buy stops for this  tuesday/wensday
129.26
130.13
132.41
sell all  136.67
----- Original Message -----
Sent: Sunday, July 20, 2008 1:19 PM
Subject: Re: [RT] road map next week

What is your outlook for crude oil?  Is the bull market over?
Thanks.

Howard Bernstein


-----Original Message-----
From: Ben <profitok@xxxxxxxxxxnet>
To: TimeandCycles@yahoogroups.com
Cc: realtraders@yahoogroups.com
Sent: Sun, 20 Jul 2008 1:08 pm
Subject: [RT] road map next week

last week i said sp will close unch  plus or minus 10
we actually close up  for the week 21
I would suggest the  extra 11 was part of expiration   pressure
for next week
believe it or not unchanged again
what we loose Monday gain Tuesday Wednesday
then lose it all  end of week
close 1260   plus or minus 10
Ben
----- Original Message -----
Sent: Saturday, July 19, 2008 11:08 PM
Subject: Re: [TimeandCycles] Fw: INDU 071808 resistance from March 07

HI Jim,
What is the next higher level if this wants to crack angles? Seems Dow
11750 is bounced around. It could easily stop here and finish it's
work, or back on track down.
Will Monday unwind the option pressure and other stories to
continue.Monday down,Tuesday flat and Wednesday back up to that angle.
THEN?
I don't drink coffee . :)
Jerry

-----Original Message-----
From: Jim Nicolosi <jfn_trader1@yahoo.com>
To: timeandcycles@yahoogroups.com
Sent: Sat, 19 Jul 2008 9:33 pm
Subject: [TimeandCycles] Fw: INDU 071808 resistance from March 07

....March 07 low Gann angle which provided support in Jan 08 is now
apparently resistance for the close of July 18, 2008 close....Jim

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