Hi there! Today I'd like to introduce you my view of Oil price.

BRENT.CMD

On the end of the last week BRENT reached a YEarly high - 46.0 . Also it reached a 100 level on my favorite indicator PersBBands, and look's like ready for correction down till 41.5. My Pivot points is :
  • S1 - 41.44
  • S2 - 38.56
  • S3 - 36.50
  • R1 - 45.15
  • R2 - 47.82
  • R3 - 52.76

LIGHT.CMD Same situation here vith Light. My correction price target is 41.44 .
Pivot points is:
  • S1 - 41.44
  • S2 - 38.00
  • S3 - 35.29
  • R1 - 44.44
  • R2 - 47.77
  • R3 - 51.60
That's all for today.
Wish you a good evening.
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