February 12th, 2012
Published Daily

June Crude (last: 58.75)

by Rick Ackerman on May 15, 2009 5:06 am GMT

onde-target-downThe 61.97 target flagged here earlier remains valid, but please note that the futures are pulling back from within 3o cents of a lesser rally target at 59.77 that was reached earlier in the week. The high has the potential to end Crude’s winning streak, but if  it’s surpassed on a closing basis, consider a finishing stroke to 61.97 a done deal.



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