Sunday 24 July 2016

Crude Analysis 24-Jul-2016

27-Jul-2016
CMP 42.08$
Further targets: 41.4/41.14/40.29/39.96/38.50/37.73




CMP: 44.23/2964

Support: 43.73/2956
Res: 46.08/3113






As long as crude supported by 43.73/2956, I expect to see 44.90, 45.17, 45.4, 45.53, 45.82 (2992, 3013, 3033, 3051, 3065-75, 3096).

If crude resisted by 46.08/3113, I expect to see 43.73 again and further, I expect 43.2, 42.78, 41.93, 41.41 (2956 again and further 2932, [2906], 2889, 2852, [2820], 2750).

IMPORTANT LEVELS TO BE WATCHED:44.91, 45.17-45.40 / 3035, 3053-3067.

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