Oil (F) 2017-05-18
as we see over our previous chart and as we advised last week
Crude Oil managed to rebound above 47.00-30 resistance zone which may activate farther advance toward 52.50 over Short-Run
as long as market holding above 47.00 more advance toward 51.35 and 52.50 will be expected
below 47.00 more drop will be expected while another support at 43.75 zone
| Support | Resistance | |
| Level 1 | 48.00 | 49.65 |
| Level 2 | 47.00-30 | 50.50 |
| Level 3 | 45.50 | 51.50 |


