NYMEX crude oil technical analysis chart updated on 17th Junes 2015, Wednesday.

NYMEX crude oil technical chart indicates that it is moving up from 50 DMA so as long as it holds above bulls will be favored.
Weakness expecting once it closes and holds below its 50 DMA.
On upper side strength expecting once it closes and holds above its recent top as shown in above image.

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Financial Advisor A leading Investment Advisory company, is known for its accurate recommendations on StockMutual Funds and bonds. We also provides Indian Stock market tips newsletter with daily point of view based on Technical analysis.

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