Oil (F) 2017-01-13
![](https://assets.iorbex.com/blog/wp-content/uploads/2017/01/18065147/5878c23305424-750x430.png)
we still holding our previous short-run outlook
Short-run showing uptrend wave where support zone at 48.80-49.20
As long as market holding above this zone another uptrend wave may hit the market toward (58.00-60.00) zone
below 48.80 another drop wave may control mrket toward 45.00 zone
Support | Resistance | |
Level 1 | 52.00 | 54.30 |
Level 2 | 50.70 | 55.20 |
Level 3 | 48.80-49.20 | 56.00 |