Saturday, October 7, 2017

Crude Oil Trading: Weekends Post for the week 9th Oct - 13th Oct 2017

Support / resistance as shown. watching if a bounce will occur at the next critical support.




Daily support/resistance on 9th Oct : 49.49, 49.96
Weekly support/resistance from 9th Oct - 13th Oct: 49.64, 50.41
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 )
2017 Yearly support/resistance: 49.35, 40.28

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