Oil (F) 2016-04-04

Oil 6K –

36.80

As we advised before for the short-run, market managed to sustain drop toward target 36.15 zone

market now and as we see over the chart have chance for some trading zone between 36.00 – 38.00

as long as market holding below 38.00 will expect farther drop movement to break below 36.00, while above 39.00 zone market may enter a rebound correction wave that may drive toward 42.00 zone

	Support	Resistence
Level 1	36.15	37.20
Level 2	35.50	38.00
Level 3	34.25	39.00