WTI Intraday: consolidation in place.

WTI (USOIL)
-0.472-0.57%
short positions below 84.55 with targets at 82.50 & 81.20 in extension.
image
Pivot: 84.55

Our preference: short positions below 84.55 with targets at 82.50 & 81.20 in extension.

Alternative scenario: above 84.55 look for further upside with 85.55 & 86.90 as targets.

Comment: as long as 84.55 is resistance, likely decline to 82.50.

Supports and resistances:
86.90 **
85.55 ***
84.55 ***
83.23 Last
82.50 **
81.20 ***
79.55 ***

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
goTop
quote