Oil (F) 2016-10-21

Oct 21 2016, 12:15 pm

Crude Oil seems holding trades inside uptrend channel within intraday zone where support at 50.35 where as long as market holding above more advnace still available toward 52.50-70 zone

below 50.30 expect more drop to re-test second support 49.15-25 where from there uptrend will back to affect market

  Support Resistence
Level 1 50.35 52.50-70
Level 2 49.15-25 53.50-60
Level 3 47.70-90 54.50
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