Crude Oil Fibonnaci Retracement Levels

In the commodity stable, Crude oil charts seem especially interesting. So we thought we would simply leave the chart of crude oil and the Fibonnaci chart in its raw form and let our views take the call.

The following are the Long term Fibonnaci Retracment levels on the Weekly charts

Please note that the levels are rounded off to the nearest higher number

1984- 2009 (Sept 15)
Low: 9.74 (April 1986)
High: 147.27

61.8% Level	50% Level	38.2% Level	23.6% Level
76.20	90.07	103.22	120