/ 

Feb 18

TECHNICAL ANALYSIS BY NSFX 18.02.2016

By:

High:  Low: 

Oil trades below moving averages and below 161.8% Fibonacci at 29.65, which is a negative catalyst. Oil prices are at their lowest levels in more than a decade, but the daily up and down moves are leaving investors with whip lash.

R3
R2
R1
S1
S2
S3