Oil (F) 2016-08-09
market managed to sustain advance where closed to resistance zone (43.50) yesteray after broke above (42.20) as we advised before
market now having chance for drop correction as long as market holding trades below (43.50) where market support at (41.05-30) zone
above (43.50) expect (44.40) where above this level expect farther advance toward (45.80)
Support | Resistence | |
Level 1 | 42.05 | 43.50 |
Level 2 | 41.05-30 | 44.40 |
Level 3 | 39.25 | 45.80 |