Oil (F) 2017-08-01

Oil managed to sustain advance where managed today to close from target 50.50-80

market may add more advance to test downtrend line around 51.60-52.00 zone before a drop correction may hit the market tward 48.00 zone

above 52.00 Oil may add more advance signals which may push the market to re-tets 55.00 resistance zone

	Support	Resistance
Level 1	49.90	50.50
Level 2	49.15	51.60-52.00
Level 3	47.85	53.50