Oil is bullish but a correction seems to be coming
Daily support/resistance on 2nd Oct: 51.60, 51.51
Weekly support/resistance from 2nd Oct - 6th Oct: 51.64, 51.63
Weekly support/resistance from 2nd Oct - 6th Oct: 51.64, 51.63
Monthly support/resistance for Oct: 51, 49.71 (CLX7: 51.14, 50.13 ; CLZ7: 51.46, 50.58)
Monthly support/resistance for Sept: 47.40, 48.01 (CLV7: 47.41, 48.05 ; CLX7: 48.05, 48.38 )
Monthly support/resistance for Aug: 49.12, 47.03 (CLU7: 49.15, 47.12 ; CLV7: 49.28, 47.25)
Monthly support/resistance for Sept: 47.40, 48.01 (CLV7: 47.41, 48.05 ; CLX7: 48.05, 48.38 )
Monthly support/resistance for Aug: 49.12, 47.03 (CLU7: 49.15, 47.12 ; CLV7: 49.28, 47.25)
2017 Yearly support/resistance: 49.35, 40.28
Mcx tips on crude oil helps commodity market traders in earning more profitable returns. A good source this post is to learn about market performance.
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