nymex crude oil this week closed at 37.95$ with gain.
nymex crude oil weekly chart trend
is down but momentum is on recovery side.
For medium term , crude oil support zones are 34.7$ and 30.55$ levels.
On upside expect strong resistance at 39.4$ and 44$ levels.
For next week , expect recovery move to continue so
keep long view for crude oil with stop loss
below 35$ for target 39.4$ and 44$.