Oil (F) 2016-03-30

Posted on

Oil 6K –

38.85

As we see over the chart, so far Oil still moving along with our expectation where we still see market holding trades inside our trading zone 37.70 – 40.00

market may head again toward 39.80-40.00 zone where from there will expect another drop toward 38.35 to obtain what we advised before (Trading Zone)

below 37.70 market may sustain drop toward 37.20 and 36.15 , while above 40.40 market may go to visit 41.80 again

  Support Resistence
Level 1 37.70 39.80-40.00
Level 2 37.20 40.80
Level 3 36.15 41.80
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