Crude Oil Updates

The below Crude Oil updates are auto refreshed every 10 mins.

Buy Signal: When all the mcx crude oil short-term Exponential Moving Averages (EMA) crosses the long-term Exponential Moving Averages (EMA) from below, signals for a uptrend.

SELL Signal: When all the mcx crude oil short-term Exponential Moving Averages (EMA) cross the long-term Exponential Moving Averages (EMA) from above, signals for a downtrend.

Trend Strength: Another application of Guppy multiple moving average system is to analyze the strength of the current trend in crude oil. If the EMA lines of short term and long term moving averages are wide separated by a uniform distance then the trend in crude oil is seen as stable. If there's no wide separation, then the prevailing trend is weak and vulnerable.

Additional Filter RSI (14) : [Increases Accuracy Level]
Buy opportunity is signaled in crude oil when the RSI moves above 30 level after being below it .
Sell opportunity is signaled in crude oil when then RSI drops below 70 after being above it.

Get today's mcx daily update of the 12 major commodities listed on the multi commodity exchange of India, CommodityQaunt research experts provide analysis for MCX Energy Crude Oil with the help of our unique research tool Multiple Moving Averages dashboard powered with Guppy Moving Averages. These analysis are updated every 10 mins with automatic refresh of the charts, please check this blogspot page daily for live real time NYMEX crude oil updates.