Oil (F) 2016-04-26

0 1

Oil 6M – New Contract

42.90

As we see over our previous chart, market managed to sustain drop where managed to hit low at 42.50 today

as long as market holding above 42.40 the uptrend will sustain with chance to hit above 44.50 zone

below 42.40 market may head for farther drop toward (39.50 – 40.00) zone before hit rebound correction 42.40

  Support Resistence
Level 1 42.40 44.00-50
Level 2 41.00 45.20
Level 3 39.40 48.00

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