Oil (F) 2016-02-09
Oil 6H –
30.45
Market managed to hold the last short-run trading inside our projected zone 29.25 – 33.00 while market now showing more drop pressure that need market to hold trades below 31.15-35 zone in order to continue drop below 29.25
market eyes still toward 28.25 and 27.60 while this drop wave may manage to test 25.50 mid-run target
above 31.40 market may add more rebound correction steps toward 32.40 and 32.95
Support | Resistence | |
Level 1 | 29.75 | 31.35 |
Level 2 | 29.25 | 32.40 |
Level 3 | 28.15 | 33.00-50 |