Oil 6Q – New Contract
49.40
Market managed to rebound from 46.40 where market may set new uptrend channel as we see over the chart
as long as market holding above this support market may rebound again to test 51.00-60 resistance zone before back to the drop movement in what we may cal a trading zone
above 51.65 market may head for farther advance toward 53.80 zone
| Support | Resistence | |
| Level 1 | 48.50 | 49.95 |
| Level 2 | 47.40 | 50.60 |
| Level 3 | 46.40 | 51.65 |
