Crude :$ 88.02 is Major Support ,Ultimate Target $ 77 very soon

Above is the Monthly Spot chart of WTI CRUDE

You all know ,We were Highly Bearish in Crude from $ 105 level.

$90.99–88.02 level.

Now Three Consecutive close below $88.02 +Weekly close 

will take Crude down to $79.08——————76.11 level.

Target from Head & Shoulder comes to $ 77.

Now ,Short Term it will have to cross $ 94 level to regain strength !!

CMP:$93.37 MCX:4210
Source:http://www.marketwatch.com/

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