Crude oil is above $50. Watching the neckline if it holds. If so, much higher!
Daily support/resistance on 27th Dec: 53.09, 52.77
Weekly support/resistance from 27th Dec- 30th Dec: 53.15, 52.94
Monthly support/resistance for Dec: 48. 46.05 (CLF7: 48.13, 46.43)
2016 Yearly support/resistance: 40.90, 48.56
Daily support/resistance on 27th Dec: 53.09, 52.77
Weekly support/resistance from 27th Dec- 30th Dec: 53.15, 52.94
Monthly support/resistance for Dec: 48. 46.05 (CLF7: 48.13, 46.43)
2016 Yearly support/resistance: 40.90, 48.56
Very impressive post on commodity market, I found here. Epic Research suggests MCX trading tips for the traders which prevent traders from getting into loss.
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