Oil Price Chart: Crude Rally Rips into Key Resistance

live crude oil price in dollar

In my latest Oil Price Weekly Outlook we noted that the recent reversal price shifted the, “near-term focus higher but keeps the broader advance within the confines of the descending price pattern we’ve been tracking for weeks now… The risk remains for a stretch higher in oil prices with more significant resistance eyed at the 2018 open / 61.8% retracement of the April decline at 60.06/45 – look for a bigger reaction there IF reached.” Crude is now within striking distance with price attempting to mount the 50% retracement / 100-day moving average at 58.56/96.

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Diwali Muhurat trading timing: All about Muhurat trading 2018 on 7 November

Diwali Muhurat trading timing: All about Muhurat trading 2018 on 7 November

A special Muhurat trading session will be held by the NSE and BSE on account of Diwali Laxmi Pujan on Wednesday. Muhurat trading, conducted on the auspicious occasion of Diwali, would be held between 5:30 pm and 6:30 pm on Wednesday, the stock exchanges said.

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