Sunday, February 5, 2017

Crude Oil Trading: Weekends Post for the week 6th Feb - 10th Feb 2017

Nothing much has changed for CL. Looking bullish but be cautious at the same time.

Daily support/resistance on 6th Feb: 53.84, 53.81
Weekly support/resistance from 6th Feb - 10th Feb : 53.66, 53.29
Monthly support/resistance for Feb: 52.98, 52.86 (CLH7: 53.16, 53.89' CLJ7: 53.86, 54.67)
2017 Yearly support/resistance: 49.35, 40.28

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