Under Pressure
Our Pivot: 60.55
Our Preference: Short Sell WTI below 59.80 with strict stop loss of 60.55 and profit target at 58.90 with extension towards 58.40.
Alternate Scenario: Upward penetration of 60.55 will call for 61.10.
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 |
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Ticker | Bid | Ask | High | Low |
---|---|---|---|---|
Copper | 5.0477 | 5.0519 | 5.0881 | 4.9134 |
USOil | 64.949 | 64.983 | 65.578 | 64.643 |
UKOil | 67.65 | 67.71 | 68.344 | 67.349 |
NGAS | 3.5416 | 3.5536 | 3.6009 | 3.516 |
WHEATF | 543.56 | 543.92 | 548.43 | 540.57 |
XAUUSD | 3334.12 | 3334.42 | 3350.5 | 3329.19 |
XAGUSD | 36.544 | 36.575 | 36.854 | 36.218 |