CRUDEOIL TREND

Crudeoil is bearish for medium-long term .Currently Crudeoil is moving sideways.BUY Signal and Crudeoil is recovering from oversold level .In last 1 month volatality is very less Buy the Crudeoil 18dec2012 above 4842 or buy with strict stop at 4575.Positionally Support for the Crudeoil 15nov2012 is 4660-4657. resistance for the Crudeoil is 4738-4845.