as we advised yesterday
Short-Run drop pressure still weighing on Crude Oil after IEA declare that surplus will last for longer than previously thought
while market may head for rebound correction before resume downtrend wave as we see over the chart
as long as market holding above 44.70 a rebound correction may hit market toward 47.00-25 zone before market add drop pressure to head toward 43.50-80
while below 44.70 mrket may sustain the current drop pressure toward 43.50-80 zone
| Support | Resistence | |
| Level 1 | 44.70 | 46.60 |
| Level 2 | 43.50-80 | 47.00-25 |
| Level 3 | 43.00 | 48.30-50 |
