Oil (F) 2015-10-28
Oil (CL_5Z) New Contract
43.50
market managed yesterday to fell below 43.00 zone which may add more drop pressure over short-run to sustain drop to test 41.70 zone.
market facing resistance at 44.20 where as long as market holding trades below this level will expect farther drop toward 41.70, while above 44.20 market may add more advance toward 45.20 and maybe 46.00
awaiting 41.70 test
Support | Resistence | |
Level 1 | 41.70 | 44.20 |
Level 2 | 40.80 | 45.20 |
Level 3 | 39.80 | 46.05 |