WTI Intraday: choppy
Nov 29, 2024 6:08 AM
short positions below 69.35 with targets at 68.40 & 68.05 in extension.
Pivot: 69.35
Our preference:
short positions below 69.35 with targets at 68.40 & 68.05 in extension.
Alternative scenario:
above 69.35 look for further upside with 69.70 & 70.30 as targets.
Comment:
as long as 69.35 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
70.30
69.70
69.35
69.11 Last
68.40
68.05
67.70
Our preference:
short positions below 69.35 with targets at 68.40 & 68.05 in extension.
Alternative scenario:
above 69.35 look for further upside with 69.70 & 70.30 as targets.
Comment:
as long as 69.35 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
70.30
69.70
69.35
69.11 Last
68.40
68.05
67.70
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Related Instruments
WTI
69.456
0.059
+0.09%