Oil (F) 2015-12-10

Oil (CL_6F)

37.10

Market managed to advance toward 39.00 yesterday on U.S stockpile while so far market still holding trades below resistance level 39.90

short-run indicators showing resistance zone at 39.20-90 , where as long as market holding trades below 39.90 will expect farther drop to test 35.60 level .

above 39.90 market may acquire farther advance toward 42.50-70 zone

	Support	Resistence
Level 1	36.60	39.20
Level 2	35.60	39.90
Level 3	34.50	41.20