Oil 6K – New Contract
38.80
as we see over our previous chart, Market still holding same support zone for the New Contract Oil where support expected to be at 36.00-50 zone where as long as market holding above this zone will expect trading zone between 36.00 – 40.00
above 40.00 market may hold advance toward 42.00 zone while below 35.70 market will send weak signals where a daily close below 35.20 will set the market for drop correction toward 31.00 zone
| Support | Resistence | |
| Level 1 | 37.20 | 39.10 |
| Level 2 | 36.00-50 | 40.20 |
| Level 3 | 35.20 | 42.00 |