Saturday, December 9, 2017

Crude Oil Trading: Weekends Post for the week 11th Dec - 15th Dec 2017

Would the same pattern recur?

Daily support/resistance on 11th Dec: 57.28, 57.17
Weekly support/resistance from 11th Dec - 15th Dec: 57.25, 57.08
Monthly support/resistance for Dec: 57.1, 56.47  (CLF8: 57.14, 56.58)
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

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