Oil 6N – new contract
49.15
as we see over the chart, market facing bigger trading zone after market fell below 48.40 level
as long as market holding trades above support 47.40 a trading zone may hold toward 50.00 levels
below 47.40 farther drop may hit the market toward 45.50 before rebound correction may hit market
above 50.20 market may go for farther advance toward 51.50-90 zone
| Support | Resistence | |
| Level 1 | 47.40 | 49.40 |
| Level 2 | 46.25 | 50.20 |
| Level 3 | 45.50 | 51.50 |
