Crude Oil is still holding the advance wave while Intraday levels detect a Flag formation that could send prices higher, as we see from the chart.
Intraday support is at 99.90 and 95.90, where as long as the market holds above these levels, the advance is likely towards 105.20 and 108.55.
Below 95.90, more of a drop to test 92.70 is likely, and maybe 89.80 where each support could activate the advance again.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 99.90 | 105.20 |
| LEVEL2 | 95.90 | 108.55 |
| LEVEL3 | 92.70 | 112.40 |
