USOIL
Congrats to u all for profit yesterday!
The more quick drop off, the less it may sustained.
Unfortunately, oil downward again to 55.08 at Asia mkt opened, which was low of US mkt, its not a good sign for new short position to execute.
Due to price drop too deep and too fast, oil may in shakeout situation today, therefore, I recommend if u still got short position u can hold it till 55.78 breakout, in opposite, we can wait for the reversal horizon to long or buy limit at 54.77 in order to catch oil bounce opportunity.
Support: 54.37 / 54.54 / 54.77
Resistance: 55.56 / 55.78 / 56.33
