- Crude oil has been trading opposite the US dollar in the last month or so but that’s not the case today. The dollar is strong and oil is even stronger, up nearly $2 to a high of $91.34.
- That’s narrowly above the September high of $91.34. and that will be a key level to watch on the close today. This is the fifth straight day of gains.
MCX Crude 7298 To 7539
241 POINTS UP
Profit Rs. 48,000 in 2 Lots
RONA MANA HAI….. TRADE WITH NEAL BHAI AND COVER YOUR LOSSES
West Texas Intermediate (WTI), futures on NYMEX, have surrendered the immediate hurdle of $95.00 and are oscillating lower after four consecutive bullish trading sessions. After a juggernaut rally, a minor correction seems to be a sign of long liquidation and the continuation of the upside is highly biased for now.
