Oil 6M – New Contract
44.95
Market managed to hold support of 42.40 where managed to advance from there toward new high above 44.50 as we advised before
short-run showing resistance level at 45.20 where as long as market holding below this level another drop correction toward 43.00-20 zone will be expected before resuming uptrend toward 48.35 zone
while above 45.20 market may sustain advance without drop correction
| Support | Resistence | |
| Level 1 | 44.40 | 45.20 |
| Level 2 | 43.00-20 | 46.60 |
| Level 3 | 42.40 | 48.35 |
