Oil (F) 2016-06-30
Market managed to sustain rebound where managed to test downtrend line around 50.00 zone
above this zone will expect farther advance toward 51.65 and 53.00
while as long as market holding below 50.00 a drop correction may hit the market toward 46.40-80 zone
below 45.80 market may trigger new downtrend wave toward 42.50
Support | Resistence | |
Level 1 | 48.00 | 50.00 |
Level 2 | 46.85 | 51.65 |
Level 3 | 45.80 |