WTI Intraday: further advance.

Jul 11, 2024 02:55
WTI (USOIL)
-0.590-0.72%
long positions above 81.95 with targets at 83.45 & 83.95 in extension.
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Pivot: 81.95

Our preference: long positions above 81.95 with targets at 83.45 & 83.95 in extension.

Alternative scenario: below 81.95 look for further downside with 81.25 & 80.85 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:
84.50
83.95
83.45
82.85 Last
81.95
81.25
80.85

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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