above 94.75 itis buy with stoploss of 93.94 for target 97.20

indicators show buy, but price shud break above 94.75

buyer hesitate to buy in quantities above 94.75 which still poses strong resistance.

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sent mail to subscribers the bottom I look for.

exit short at 92.60

free fall to 93.41

I can see only retail investors in crude as evident in prices ranged in 2%, - 98.70 - 96.70.

No big players currently in crude who can move beyond, that shows

crude can move in either direction

When a fall ,its subsequent recovery again fall has to reach my earlier target of 93.40 as sent to you earlier. but it is not pulled down and clinging to its strong support of 97.20.

Few weeks ago, I read OPEC is comfortable with the price of 100 $. Few days ago ,Some where I read also WTI crude export though banned in US, using loopholes,(US) they do export crude.

China, Asia's largest consumer, worlds second largest consumer of crude, earlier, with military intelligence input they bought and stocked in huge quantities which saw the prices above 102.

So now everything is contained now and there is no reason  for biggies to go for long or short for quick earnings.

All my indicators showed buy at one point but in a matter of hours it reversed to sell but prices are not dropping.

Based on the factors, I feel the price of crude is stabilizing and 97.00 $ is the support price

and at current scenario, I dont see bearishness.

mail sent to subscribers when and where to buy

Target hit 97.92. chart sent to subcribers earlier