WTI Crude Oil Intra-day Analysis 4th Mar. 2021
Caution
Our Pivot: 62.70
Our Preference: Short Sell WTI above 62.00 with strict stop loss of 62.70 and profit target at 61.00 with extension towards 60.20
Alternate Scenario: Upward penetration of 62.70 will call for 63.30 and 63.80.
NOTE: WTI is being capped by neckline of its previous head and shoulder on hourly chart.
Chart with supports & resistances:
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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 | 5.0512 | 5.0554 | 5.0881 | 4.9134 |
| USOil | 64.958 | 64.992 | 65.578 | 64.643 |
| UKOil | 67.639 | 67.699 | 68.344 | 67.349 |
| NGAS | 3.5211 | 3.5331 | 3.6009 | 3.516 |
| WHEATF | 541.69 | 542.79 | 548.43 | 540.57 |
| XAUUSD | 3333.22 | 3333.52 | 3350.5 | 3329.19 |
| XAGUSD | 36.492 | 36.521 | 36.854 | 36.218 |