Oil (F) 2016-04-15
Oil 6K –
40.60
market managed to head for first drop as market holding below 42.50 as we advised before
market now closing to test 40.00-15 support level , where as long as market holding above this support the chance to sustain advance will remain
below 40.00 market will add more drop pressure while a daily close below 39.40 will set a drop correction toward 37.40 zone
Support | Resistence | |
Level 1 | 40.00-15 | 42.50 |
Level 2 | 39.40 | 43.50 |
Level 3 | 37.40 | 45.00 |