Pivot: 52.55

Our preference: long positions above 52.55 with targets at 53.75 & 54.60 in extension.

Alternative scenario: below 52.55 look for further downside with 52.20 & 51.70 as targets.

Comment: the RSI advocates for further upside. WTI Crude is trading above both the 20-period and 50-period moving averages.

Chart Caption
   Green Lines Represent Resistances
   Red Lines Represent Support Levels
   Light Blue is a Pivot Point
   Black represents the price when the report was produced

Kategori: Analisa