Oil (F) 2015-11-18
Oil (CL_5Z)
41.45
Market managed to hit low 40.07 where closing to support zone 39.60-40.00 zone
as long as market holding trades above 37.75 a rebound correction chance will sustain at market where targets would be toward 57.00 zone
below 37.75 market may sustain drop pressure toward 33.00 zone
Support | Resistence | |
Level 1 | 39.60 | 42.20 |
Level 2 | 38.50 | 43.30 |
Level 3 | 37.75 | 44.10 |