Oil (F) 2016-10-04
as we advised yesterday
Market managed to hold uptrend wave as we advised last week where market is closing from target zone 49.00-35
from that zone the maket will have chance for another drop correction toward 47.00-20 zone
above 49.35 market may add more advance where eyes will shift toward 51.20-60 zone
Support | Resistence | |
Level 1 | 47.90 | 49.00-35 |
Level 2 | 47.00-20 | 50.50 |
Level 3 | 46.50 | 51.20-60 |