Oil (F) 2015-10-29
Oil (CL_5Z) New Contract
45.50
market managed to break above 44.20 yesterday after Oil Inventory data where managed to head toward targets 45.20 and 46.00
market facing resistance at 47.50 where as long as market holding trades below this level will expect the drop pressure to back to affect market to head toward 41.70
awaiting 41.70 test
Support | Resistence | |
Level 1 | 44.00-25 | 46.40 |
Level 2 | 42.60 | 47.50 |
Level 3 | 41.70 | 48.85 |