Monday, May 23, 2011

Prediction of International Crude Oil prices this week May 23-May 27

Prediction of crude oil price movement this week is based on consideration of about 6 key Crude "brands"/types including NYMEX futures,Brent crude,Dubai crude,WTI, Light crude oil

Key features of Prediction

1. Prices after choppy but downward movement will peak mid week by wednesday

2. A Sharp correction and again rise.
Hence buy futures for gains by mid week.Sell futures by mid week

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