Oil (F) 2015-11-20
![](https://assets.iorbex.com/blog/wp-content/uploads/2015/11/18122408/e037a42a68e18f5ced82db46407f55d823b3e1c9-750x430.png)
Oil (CL_5Z)
41.50
Market managed to hit our support zone 39.60-40.00
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 | 42.20-60 |
Level 2 | 38.50 | 43.15 |
Level 3 | 37.75 | 44.15 |