WTI Intraday: key resistance at 77.15.

May 24, 2024 01:38
WTI (USOIL)
-0.480-0.59%
short positions below 77.15 with targets at 76.35 & 76.00 in extension.
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Pivot: 77.15

Our preference: short positions below 77.15 with targets at 76.35 & 76.00 in extension.

Alternative scenario: above 77.15 look for further upside with 77.50 & 77.80 as targets.

Comment: the upward potential is likely to be limited by the resistance at 77.15.

Supports and resistances:
77.80
77.50
77.15
76.86 Last
76.35
76.00
75.80

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.
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