Oil (F) 2016-02-12

Oil 6H –

27.45

market managed to fell below 27.60 activating another drop wave that may sustain drop to test 24.80 zone

we will expect a coming trading zone between 24.50 – 28.00 for the coming short-run, while this downtrend wave will sustain as long as market holding trades below 29.40

Intraday trading: short-run showing ability for small trading zone between 26.00 and 29.00-40 zone before market continue drop to test 24.80

	Support	Resistence
Level 1	26.00	27.85
Level 2	25.50	29.00-40
Level 3	24.80	31.80