WTI Intraday: choppy
Oct 1, 2024 11:23 AM
short positions below 69.30 with targets at 65.60 & 64.60 in extension.
Pivot: 69.30
Our preference:
short positions below 69.30 with targets at 65.60 & 64.60 in extension.
Alternative scenario:
above 69.30 look for further upside with 70.00 & 70.80 as targets.
Comment:
as long as 69.30 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
70.80
70.00
69.30
67.89 Last
65.60
64.60
64.00
Our preference:
short positions below 69.30 with targets at 65.60 & 64.60 in extension.
Alternative scenario:
above 69.30 look for further upside with 70.00 & 70.80 as targets.
Comment:
as long as 69.30 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
70.80
70.00
69.30
67.89 Last
65.60
64.60
64.00
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
71.238
1.247
+1.78%