Now that economic situiation seems to go the right way up we have now another problem to deal with.To fast rising oil price.

Tough in short not bad for CLL the big question is how long the situation in the Middle East will last .I don't think Kadaffi will step down very quick.Markets are somewhat nervious for what to do?

You can see it on CLL chart behavior.Despite we go up you see on the candles long legs on the upwards side .So a lot of profit taking too.

Question is where will the spike stop?

Based on the mong time Fibonnacci lines we are now over the last one to take which was 1.58.So it could be possible we move towards 1.88 again.

On the accumulation ,distribution indeicator however that one is despite the up move slowly down.This is due to the candle formation with long up legs recent days.

What are the chances we stay strong until end this months when figures come out?

Any opinions ?