Oil (F) 2015-12-18
![](https://assets.iorbex.com/blog/wp-content/uploads/2015/12/18120428/a7ca6349d9138f794c8ead84dee34ffcdd46c0f6-750x430.png)
Oil (CL_6G)
36.00
Market so far holding trading zone while we still short-run trading zone between 33.60 – 39.90
short-run showing ability for market to hold support 34.50 for a chance for another rebound toward 38.40-60 zone
below 34.50 market will face 33.60 support where below it expect farther drop toward 28.00 zone
Support | Resistence | |
Level 1 | 34.50 | 36.20 |
Level 2 | 33.60 | 37.40 |
Level 3 | 32.00 | 38.40 |