Crude Oil hit US$81.84 as forecasted!!!
Posted by admin in Futures Pick, Market AnalysisGood Morning,
Last night, the US Crude Oil hit US$81.84 per barrel, breaking the US$80 per barrel mark since October last year.
Once again, the V3Go technique have proven itself with the forecast that we had on the 14th of October 2009. We correctedly predicted the Crude to test above US$74 when the market analysts and economists and the experts were still looking at US$55-60 per barrel to come. On that day, we gave a higher forecast and mentioned that we should be able to see US$81.84 soon and indeed, 8 days later, Crude Oil hit US$81.99 last night!!
Isn’t it FANTASTIC and POWERFUL!?
And more incredible thing is that, if you are to ask any V3Go Graduates, they will be able to show you how we get this magical number like US$81.84 via our V3Go TAOS technique.
The next level to watch should US$89.40 but because the closing was US$81.37 thus, I do expect some profit taking to set in today or over the next few days. The first support should be around US$79/barrel. So traders, do take note. I am still very bullish on the Crude Oil to hit US$90/barrel by the end of this year, a prediction that I gave since August 2009, when it was still trading between US$68-70 level.
Have a great trading day ahead!!
Disclaimer applied as usual
Kelvin Han
Chief Trainer
V3Go Mentoring Program
29 batches and still going strong
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