WTI Intraday: further advance.

Sep 19, 2024 9:17 AM
long positions above 70.00 with targets at 71.20 & 71.80 in extension.
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Pivot: 70.00
Our preference:
long positions above 70.00 with targets at 71.20 & 71.80 in extension.
Alternative scenario:
below 70.00 look for further downside with 68.95 & 68.60 as targets.
Comment:
the break above 70.00 is a positive signal that has opened a path to 71.20.
Supports and resistances:
72.60
71.80
71.20
70.84 Last
70.00
68.95
68.60
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
70.181
-1.522
-2.12%
* 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 judgement of the analyst, without considering the investment objectives and financial situation of the investors.
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