as we advised earlier this week and as we see over our previous chart
Crude oil managed to retrieve strength after OPEC agreement to cut production
Short-run showing uptrend wave where support zone at 48.80-49.20
As long as market holding above this zone another uptrend wave may hit the market toward (58.00-60.00) zone
Below 48.80) more drop correction my hit Oil toward 43.20-50 zone
| Support | Resistance | |
| Level 1 | 48.80-49.20 | 51.20 |
| Level 2 | 47.50 | 52.40 |
| Level 3 | 45.50 | 53.50 |