In our news letter we updated to clients to sell crude oil when it was 5550 with target price of 5000---4900.
In Just Few Days Crude oil Crashed Over 8%.
On current Levels It's Trading Around 5200 Near. But Still We Suggest To Sell On Rise.
If Any Short covering Rally Occur Then Best chance To Sell Only.
We See Crude oil Below 5000 Very soon In short term.
On Brent Crude We see $92----90 Targets In short Term.
Best Chance To Sell On Rise.....Maximum Up Short covering Can Come Up to 5360--80 .
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