Trend updated for-Feb/03/2015.CMP-3053 Overall trend of the Crudeoil is bearish for medium-long term .Currently Crudeoil is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is on BUY Signal and Crudeoil is recovering from oversold level For short term Crudeoil is in HOLD SHORT position.Positionally Support for the Crudeoil is 3020-2882-2876-Resistance for the Crude oil is 3520-3975-4375-
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