Oil Power Grid : Gann Swing Analysis
WD Gann – “I cannot say too much about the gaining of knowledge. You cannot get knowledge without spending time in study. You must not look for a quick and easy way to make money in the Commodity market. When you have paid in advance with time and study, and gained the knowledge, then you will find it easy to make money.”
Oil has given Breakout above 365.50, Swing Traders can take Long Position above 370 on Closing basis for target of 380 / 385 on short term basis
Power Grid can show some bounce back, Swing Traders can take Long Position above 312 on closing basis for target 319 on short term basis
NOTE: These projections & views are not given in an advisory manner but only as an educational tool.