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
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 | 4.1092 | 4.1134 | 4.1679 | 4.1065 |
USOil | 69.642 | 69.676 | 69.962 | 68.847 |
UKOil | 73.634 | 73.694 | 73.991 | 72.885 |
NGAS | 3.3714 | 3.3834 | 3.3855 | 3.1884 |
WHEATF | 574.69 | 575.79 | 577.8 | 570.57 |
XAUUSD | 2667.17 | 2667.53 | 2671.93 | 2648.73 |
XAGUSD | 31.013 | 31.043 | 31.327 | 30.809 |