Oil (F) 2016-05-20
Oil 6N – new contract
48.75
Marker managed to obtain rebound correction as we expected while add more advance toward 49.28
as long as market holding below 49.50 another drop correction toward 47.50-80 will be expected
below 47.25 market may head to test 45.50-80 zone , while above 49.50 expect farther advance to test 50.50-90
Support | Resistence | |
Level 1 | 48.50 | 49.50 |
Level 2 | 47.25-50 | 50.50-90 |
Level 3 | 45.50-80 | 52.00 |