Oil (F) 2016-04-29

Apr 29, 2:35 pm

Oil 6M – New Contract


Market managed to sustain advance toward 46.50 as we advised yesterday

so far maket still holding trades inside rising wedge which if managed to control the market another drop correction will be expected toward 44.20-50 zone before we see another advance toward 48.35 target

above 46.70 market may sustain advance toward 48.35 target without any serious drop correction

Level 145.5546.50-70
Level 244.10-3047.50
Level 342.4048.35
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