CRUDE OIL CONSLIDATION TIME NO CLEAR VIEW

4. Sept. 2014

Crude managed to rise yesterday but failed to stabilize above 95.20 - 95.25 and stability below it keeps the bearish possibility valid. We also notice that the price is trading below the bullish key support that was previously broken showing on graph, as its trading within the downisde move. Therefore, the bearish possibility is still valid, but breaking 93.10 is significant to bring negativity back and cancel any possibility of further bullishness. NO CLEAR VIEW ON CRUDE OIL WAIT FOR NEW SIGNAL