Under Pressure
Our Pivot: 58.75
Our Preference: Short Sell WTI below 58.12 with strict stop loss of 58.75 and profit target at 57.10 with extension towards 56.60.
Alternate Scenario: Upward penetration of 58.75 will call for 59.60.
NOTE: WTI is moving downward in a bearish price channel.
Chart with supports & resistances:

RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3
| Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
|---|
| Ticker | Bid | Ask | High | Low |
|---|---|---|---|---|
| Copper | 6.1243 | 6.1285 | 6.223 | 6.0609 |
| USOil | 74.419 | 74.453 | 76.093 | 71.729 |
| UKOil | 78.964 | 79.024 | 80.616 | 75.434 |
| NGAS | 3.2175 | 3.2295 | 3.3601 | 3.2115 |
| WHEATF | 605.7 | 606.8 | 627.43 | 610.07 |
| XAUUSD | 4079.19 | 4079.49 | 4134.2 | 4021.59 |
| XAGUSD | 58.207 | 58.531 | 61.188 | 57.063 |