Crude Weekly Forecast for 21-25 Jan

As Discussed in Last Analysis For coming week Bull need to hold 3590-3600 range for a move back to 3700/3801 where next major resistance lies.

Low made was 3576 and once above 3590 we rallied all the way till 3800,

Now Bulls need to close above 3860 For a move back to 3900/3969/4096. Bears will get active below 3830 only.

Crude Time Cycle

21 Jan is important time cycle date followed by 24 Jan as shown in below time cycle chart.

Weekly Trend Change Level:3844

Weekly Support :3800,3744,3700,3650

Weekly Resistance:3900,3969,4032,4096

Levels Mentioned are for Feb Contract Crude