WTI Intraday: under pressure

Nov 29, 2024 10:47 AM

short positions below 68.95 with targets at 68.05 & 67.70 in extension.

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

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