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WTI CRUDE OIL: 44 IS THE BASE AND UPSIDES ARE UPTO 65/75$ IN NEXT 35/40 WEEKS {CMP 54.03$}{13 DECEMBER 2016}


Going ahead we will see Volatility of CBOE Crude Index to calm down which will help Crude Oil to appreciate accordingly above mentioned levels.

Important part to watch which all the crowd has missed is the CBOE Crude Volatility Index which is moving southwards below its immediate support of 38, 30 and 25 are the support areas which can be correlated with the crude prices accordingly. Immediate supports at 30 and then 20 at spikes.


CBOE CRUDE OIL VOLATILITY (MOTHLY / WEEKLY CHART)



US 10Y YIELD (MONTHLY CHART)

In recent period we have also seen correlation in US 10 YEARS BOND YIELD,
so it will be seen further too in future also.












  •  Read old Top Reports on Brent oil click the link below.


                                                                                               


 (December 13, 2016)


























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