Crude oil
Not able to breach its resistance level of 2920 and crashed vertically to 2780 mark
Now what to expect???
Support at 2755 and Resistance at 2850---2920
Close below 2755 will take to 2620---2590 mark else it could test its resistance level of 2850---2920 again
Further upside rally will see only close above 2920 mark
Trade with levels only
Natural Gas
Our support level of 180.00 triggered in Natural gas and crashed vertically and trading around 172.80
Now what to expect???
Support at 170 and Resistance at 178.00
Weekly close below 170 will take to 162---155 and then to 148 mark in days to come else it could test its resistance level of 178 again
Further upside rally will see only close above 178 mark
Trade with levels only