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US oil may extend gains to $82.75
SINGAPORE: US oil may extend its gains to $82.75 per barrel, to complete a wave c.
This wave is a part of the bounce...
SINGAPORE: US oil may extend its gains to $82.75 per barrel, to complete a wave c.
This wave is a part of the bounce from the Sept. 26 low of $76.25.
A falling trendline points a target of $82.75.
US oil may test support at $77.61
The downtrend from $90.19 remains steady.
It may resume upon the completion of the wave c around $82.75.
A break below $81.12 may cause a drop to $80.02.
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