Oil (F) 2016-12-02

Crude Oil managed to advance toward target 51.60-52.20 where market faced some resistance there

As long as market holding below 52.20 another chance for drop correction toward 48.80-49.20 may hit the market

Above 52.20 more advance toward 53.50-80 and 55.00 will be expected

Below 48.80 more drop will be available toward 46.00-20 zone

	Support	Resistence
Level 1	48.80-49.20	52.20
Level 2	47.35	53.50-80
Level 3	46.00-20	55.00