Crude Oil failed to continue the bullish market as it has failed to breakout 43.66, which would have sent it seeking 44.4. An opening in a bearish gap, coupled to a breakout of 42.29, will send oil seeking 40.26, with 41.72 as a primary objective. Oil will have 42.82 as a resistance, which breaking out will send Oil seeking 43.45.
The daily Pivot Point is around 42.7. The daily support levels are around 42.1 and 41.9. The daily resistance levels are around 43.11 and 43.71.
The daily Pivot Point is around 42.7. The daily support levels are around 42.1 and 41.9. The daily resistance levels are around 43.11 and 43.71.
