tradingkey.logo

WTI Intraday: under pressure

Nov 29, 2024 10:47 AM
short positions below 68.95 with targets at 68.05 & 67.70 in extension.
image
Pivot: 68.95
Our preference:
short positions below 68.95 with targets at 68.05 & 67.70 in extension.
Alternative scenario:
above 68.95 look for further upside with 69.35 & 69.70 as targets.
Comment:
the break below 68.95 is a negative signal that has opened a path to 68.05.
Supports and resistances:
69.70
69.35
68.95
68.46 Last
68.05
67.70
66.80
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.

Related Instruments

WTI
68.689
0.283
+0.41%