NYMEX crude oil technical updated for 16th July 2015, Thursday.
NYMEX CRUDE OIL
Just like MCX crude oil NYMEX crude is also stuck in a range zone, trend is also not clear as long as it stays in between in its range.
Yesterday crude oil showed bearish candle and if today it closes and holds below 50.58 then weakness can be seen in NYMEX crude oil.
Free intraday tips on NYMEX crude oil updated for 17th July 2015, Friday.
NYMEX crude oil looks weak below 50.58.
Support around 49.75, 49.