Oil (F) 2016-03-24

Posted on

Oil 6K –

38.80

as we see over the chart, market managed to fell below our support 39.80-40.00 where we advised before that below this zone farther drop may hit toward 37.70 zone

market may head for trading zone between 37.70 – 40.00

as long as market holding below 40.40 expect the drop correction to sustain toward 37.70

  Support Resistence
Level 1 37.70 39.80
Level 2 37.20 40.40
Level 3 36.15 41.50-70
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