Oil (F) 2016-09-20

0 1

market managed to head for some rebound correction after printing 42.75 low last week, while New Contract still facing drop pressure

market will managed to test first resistance 44.70  where as long as market holding below this zone more drop yet to come toward 41.00 zone

above 45.35 market may add more advance where next resistance at 46.35-50 zone

  Support Resistence
Level 1 43.00 44.70
Level 2 42.00 45.35
Level 3 41.00 46.35-50


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