Oil (F) 2017-10-25

As we see over our previous chart and as we advised early this week

Crude Oil seems facing resistance downtrend line around 52.50 zone

As long as market holding below this zone another drop wave toward 49.75 will be expected

Above 52.50-60 more advance toward 53.70 and maybe 55.00 zone may hit the market

	Support	Resistance
Level 1	51.75	52.50-60
Level 2	51.25	53.70
Level 3	49.75	55.00