OPEC+ Boosts output put Oil prices down

Crude oil plunged below 40$ on opec output news, Daily chart suggesting more weakness ahead till 35.50 levels with a mild support at 36.55 (sept 8th low) Upside resistance lies at 38.80 or 136ma. Almost all timeframes RSI trading at over sold regions giving some caution for fresh sells. Who ever sold at highs can take profit here and wait for the slight rebound till 38 level and take fresh sell for downside said level. Overall sell on rise is advised.