/ 

Feb 26

TECHNICAL ANALYSIS BY NSFX 26.02.2016

By:

High:  Low: 

Oil traded back below MA20 and MA50 at 32.00, which could be negative signal, while ADX and RSI become negative too. Crude Oil market initially fell during, but found enough support just above the 30.00 level in order to form a hammer like candle.

R3
R2
R1
S1
S2
S3