Oil (F) 2016-01-28
Oil 6H –
32.60
As we see over the chart, market may hold short-run trading inside potential rising wedge formation
short run resistance at 32.80-90 while support at 30.60-80 zone
above 32.90 market may have chance to sustain advance to test 34.00-30 zone, while below 30.60 market may sustain drop toward 28.00 zone
Support | Resistence | |
Level 1 | 31.42 | 32.80-90 |
Level 2 | 30.60-80 | 34.00-30 |
Level 3 | 28.00 | 35.25 |