Oil (F) 2016-09-26
market managed to hed for fisrt drop wave from resistance zone 46.50-75 as we advised last week
intraday levels showing fires resistance at 45.45 while as long as market holding below 46.50-75 another drop wave will be valid toward 41.00 zone where market will face initial support zone at 42.75-43.05
above 46.75 market may add more advance where second resistance at 47.75
Support | Resistence | |
Level 1 | 44.20 | 45.45 |
Level 2 | 43.05 | 46.50-75 |
Level 3 | 42.75 | 47.75 |