Light Crudeoil Futures hourly trend forecast for March 24, 2025According to my analysis, this commodity is at its strong resistance at 68.46 and the likely support levels are at 67.56 and 66.83.
According to my "Advanced Market Timing" indicator, Light Crudeoil Futures is likely to see a bearish trend and then bounce back.
Those who trade are suggested to use your own technical studies for entries, stops and exits.
Crudeoilmcx
Directional view on CrudeoilmMCX:CRUDEOILM1! trading near resistance and 50% fibonacci retracement level. may come downwards if made a reversal successfully between 59010-5880.
Disclaimer - This chart analysis is only for educational purpose. Do proper research before trade/investment or consult with your financial advisor. This expressed opinion/view/analysis isn't a trade/investment advice/recommendation.
--SEBI unregistered independent trader/analyst.
views in dcb for CRUDEOIL MCXMCX:CRUDEOIL1! broke down a major support zone and now that support zone acting as a major resistance zone . upcoming strong support zone 4705-4200. upcoming trend will be sideways to downtrend.
Disclaimer - This chart analysis is only for educational purpose. Do proper research before trade/investment or consult with your financial advisor. This expressed opinion/view/analysis isn't a trade/investment advice/recommendation. SEBI unregistered independent trader/analyst.