Crude Oil

[Adrian8891]

HERE (http://img181.imageshack.us/img181/1474/crudeoild1fa2.gif) is the image.

On Crude oil We have up channel.
Additionaly there is a secound Elliot Wave so it is positive to going up of crude.

Today there were info about lower Crude Oil Inventories. This is also positive for up trend.

That was little short analysis , but I think that most important is above.

Greetings

Adrian M.

[Cozy101]

Crude oil rose to a seven-month high after an industry group reported U.S. stockpiles dropped and the dollar declined, bolstering the appeal of energy as an alternative investment. Crude climbed past $71 a barrel as the American Petroleum Institute said oil supplies fell 5.96 million barrels to 357.9 million last week, the lowest level since March.

[Clint]

Excellent review...

[sirajrasul]

New York's light sweet crude climbed 10 cents to $81.29 a barrel