WTI Intraday: intraday support around 83.60.
Apr 26, 2024 20:22
WTI (USOIL)
0.226+0.29%
long positions above 83.60 with targets at 84.50 & 85.10 in extension.
Pivot: 83.60
Our preference: long positions above 83.60 with targets at 84.50 & 85.10 in extension.
Alternative scenario: below 83.60 look for further downside with 83.30 & 82.80 as targets.
Comment: the RSI is below its neutrality area at 50% but reversing up.
Supports and resistances:
85.60
85.10
84.50
83.68 Last
83.60
83.30
82.80
Our preference: long positions above 83.60 with targets at 84.50 & 85.10 in extension.
Alternative scenario: below 83.60 look for further downside with 83.30 & 82.80 as targets.
Comment: the RSI is below its neutrality area at 50% but reversing up.
Supports and resistances:
85.60
85.10
84.50
83.68 Last
83.60
83.30
82.80
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