Oil (F) 2015-11-13
Oil (CL_5Z)
42.00
as market hit below 42.60 zone as U.S stockpiles increased adding more pressure over Oil prices to move lower
market still looking to test 39.60-90 zone while resistance zone at 42.60-43.30 , as long as market holding below 43.30 will expect farther drop to test our target zone
Support | Resistence | |
Level 1 | 41.00 | 42.60 |
Level 2 | 39.60-90 | 43.30 |
Level 3 | 38.50 | 44.10 |