18-Mar-18 Oil Analysis
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click for image:
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Oil is currently in tight range ,seems like waiting for some " news" for the next rally... as mentioned , it is refusing to go lower, but... they also refuse to go higher....
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$60-$61 seems like a strong support for oil ...
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Resistance :
$ 63 , $64 , $65
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Support
$60-61 , $59 , $57, $55
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Long term:
Bullish,
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Mid term
bullish
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Long term
Slightly bullish - sideway
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we are still bullish on oil for mid - long term, short term may trade within the range of $60 - 64.
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May The Trend Be With You~
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Trade Safe
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