SonicDeejay
Long

Oil Weekly Update (26/12/15)

NYMEX:CL1!   LIGHT CRUDE OIL FUTURES
Remember the Long call I made on Oil             10 days ago, I hope your are doing well by done..

To move forward, I see the possible extension recovery on Oil             , $39.30 is on tough level crack and I see Bear pressure at that level.

I am Bullish on the pair...and going Long is still the better bet.

Resistant: $39.30, $40.23, $43
Support: $34.16

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