24 února 2009

24/2 CRUDE OIL RISES FOR THE FIRST TIME IN 3 DAYS

Crude oil (CLJ9) rose for the first time in three days as the U.S. stock market advanced, signaling that fuel use in the world’s biggest energy-consuming country may rebound.
Idea: If the support level above 37 hold, there might be some possibility to see some short-term bullish trend toward 41 level, where the oil is ranged last week. Buy dip around 38,00 with stop loss 36,90. First target 41.

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