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 |
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Ticker | Bid | Ask | High | Low |
---|---|---|---|---|
Copper | 4.2611 | 4.2653 | 4.2813 | 4.2332 |
USOil | 73.228 | 73.262 | 73.383 | 73.062 |
UKOil | 77.17 | 77.23 | 77.301 | 76.939 |
NGAS | 3.2411 | 3.2531 | 3.6961 | 3.2184 |
WHEATF | 535.82 | 536.92 | 537.69 | 533.57 |
XAUUSD | 2739.46 | 2740.02 | 2745.59 | 2738.19 |
XAGUSD | 30.043 | 30.084 | 30.294 | 30.032 |