Saturday, February 11, 2017

Crude Oil Trading: Weekends Post for the week 13th Feb - 17th Feb 2017

CL above the neckline is positive for bulls. Still consolidating for the next up move I think.


Daily support/resistance on 13th Feb: 53.74, 53.52
Weekly support/resistance from 13th Feb - 17th Feb : 53.46, 52.68
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

2 comments:

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