Oil (F) 2015-12-11
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Oil (CL_6F)
36.30
Market managed to advance toward 39.00 as expected 2 days ago 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 .
market managed to retreat from 39.00 while hit 36.12 low so far
above 39.90 market may acquire farther advance toward 42.50-70 zone
Support | Resistence | |
Level 1 | 36.10 | 39.20 |
Level 2 | 35.60 | 39.90 |
Level 3 | 34.50 | 41.20 |