Last weekday of the week was very confusing. I set $1381 and $1367 as support level. And recommend not to buy. So market did panic and we saw low levels of $1359. But market did manage to closed at my support level of $1368. Profit taking and dollars rebound was expected. Today we see weakening of US Dollar. Today’s Key support level is $1350 and today is buying market and price for buy is $1365 with stop loss @1358. Selling levels are $1378 and strong resistance @$1381 beyond this level we may see market touching $1400 again within two days.

As I forecast that crude oil is due for correction. So the crude oil went as low as $84.53 from $86.71. It is not only for dollar loosing but also profit taking. Market closed @ $84.73 and now is @$85. I recommend buying from $84.13 and selling @ $85.50.