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

Oil breaks out of the strong resistance. Let's see if there is any correction before continuing going up.

Daily support/resistance on 6th Nov: 55.49, 55.08
Weekly support/resistance from 6th Nov - 10th Nov: 55.39, 54.76

Monthly support/resistance for Nov: 53.75, 51.98  (CLZ7: 53.81, 52.15)

Monthly support/resistance for Oct: 51, 49.71  (CLX7: 51.14, 50.13 ; CLZ7: 51.46, 50.58)

2017 Yearly support/resistance: 49.35, 40.28