Oil (F) 2016-11-24
as we see over our previous chart, we advised yesterday that as long as market holding below resistance 49.35 another drop correction may hit the market toward 45.55 zone
market mnaged 2 days ago to hit drop movement toward 47.17 while more drop still available as long as market holding below 49.35
abobe 49.35 Oil may build another uptrend wave toward 51.40-60 zone
Support | Resistence | |
Level 1 | 47.15 | 49.35 |
Level 2 | 46.40 | 50.10 |
Level 3 | 45.55 | 51.40-60 |