Oil (F) 2016-11-01
as we advised yesterday, market managed to hold downtrend pressure where closing now from testing target and support zone 46.30-50
as long as market holding above this support zone a rebound correction may hit market toward 49.10 zone
below 46.30 more drop may hit the Oil toward 44.30-50 zone
Support | Resistence | |
Level 1 | 46.30-50 | 47.25 |
Level 2 | 44.30-50 | 49.10-30 |
Level 3 | 42.70 | 50.10 |