Crude Oil update EOD 5/2/2016

Let's look onto Crude Chart (zoom out chart)

I guess, it is already oversold.
But market does whatever it wants (based on majority of position)

Lets look what will happen this time.
Fundamentally, Productions are still far over from demand line, thus it will rules the price.

Harga sedap nak produce minyak untuk kebanyakan producer -  USD35/barrel. Lebih dari tu untung la.