Oil (F) 2015-12-15

Oil (CL_6F)

37.00

Market managed to sustain drop after testing 39.00 resistance zone where managed last Friday to hit our target zone 35.50

Market short-run showing trading zone between 33.60 – 39.00 levels

while below 33.50 market may open new downtrend wave toward 28.00 zone

	Support	Resistence
Level 1	35.20	37.60
Level 2	34.50	38.40-90
Level 3	33.60	39.90