Oil (F) 2017-01-31

Jan 31, 12:19 pm

we still holding our previous short-run outlook as we see over our previous report

Short-run showing uptrend wave where support zone at 48.80-49.20

As long as market holding above this zone another uptrend wave may hit the market toward (58.00-60.00) zone

below 48.80 another drop wave may control mrket toward 45.00 zone

  Support Resistance
Level 1 50.70 53.50
Level 2 49.80 54.30
Level 3 48.80 55.60
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