WTI Crude Oil Intra-day Analysis 22nd Feb. 2021
Under Pressure
Our Pivot: 60.90
Our Preference: Short sell as long as WTI is trading below 60.30 with strict stop loss of 60.90 and profit target at 59.30 with extension towards 58.75.
Alternate Scenario: Upward penetration of 60.90 will call for 61.65.
NOTE: WTI is trying to penetrate above a resistant trend line to create a cheat pattern.
Chart with supports & resistances:
RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3
Technical Levels
| Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
|---|
Commodities Live Prices
| Ticker | Bid | Ask | High | Low |
|---|---|---|---|---|
| Copper | 5.0484 | 5.0526 | 5.0881 | 4.9134 |
| USOil | 64.929 | 64.963 | 65.578 | 64.643 |
| UKOil | 67.62 | 67.68 | 68.344 | 67.349 |
| NGAS | 3.5216 | 3.5336 | 3.6009 | 3.516 |
| WHEATF | 541.21 | 542.31 | 548.43 | 540.57 |
| XAUUSD | 3332.65 | 3332.95 | 3350.5 | 3329.19 |
| XAGUSD | 36.485 | 36.515 | 36.854 | 36.218 |