Oil (F) 2016-03-14
Oil 6J – New Contract
37.65
Market managed to hold advance after testing 36.10-30 support zone , while market retreated after testing 39.00 zone
as long as market holding above 36.10 will expect continues uptrend movement toward 40.20 and 43.00-50 zone while first support at 37.20
Oil still holding mid-run range between 25.00 – 60.00 while so far mid point may set at 35.75 zone
as long as market holding above 35.75 will expect short-run uptrend to sustain toward targets
Support | Resistence | |
Level 1 | 37.20 | 39.00 |
Level 2 | 35.75 – 36.10 | 40.20 |
Level 3 | 35.25 | 42.00 |