Crude Weekly Analysis Jan #2

6 gen 2017

Crude Analysis for January's 2nd Week. I see crude as Bearish hitting $53.13 and $52.58 this coming week. It is possible for crude to break the previous high of $55.21 or get close to it as indicated in the "Shorting Zone." If that point is high I would highly suggest entering with a heavy short position and targeting the target if those have no been hit along with the "Buying Area." Overall I consider week to be bearish.

11 gen 2017

Nota

I see Crude going to 52.3X then crashing below 50.7X after Bearish EIA.