market managed to break above 51.70 yesterday which placed the Crude Oil on farther advance wave
market facing first support at 50.80 where as long as market holding above the advance will resume toward 53.50
below 50.80 market may head for farther drop correction to test support 49.15-50 zone which from there the uptrend may restore strength toward 53.50
| Support | Resistence | |
| Level 1 | 50.80 | 52.20 |
| Level 2 | 49.15-50 | 53.50 |
| Level 3 | 47.70-90 | 55.00 |
