WTI Intraday: intraday support around 77.55
Jan 17, 2025 10:25 AM
long positions above 77.55 with targets at 79.35 & 80.00 in extension.
Pivot: 77.55
Our preference:
long positions above 77.55 with targets at 79.35 & 80.00 in extension.
Alternative scenario:
below 77.55 look for further downside with 76.95 & 76.15 as targets.
Comment:
the RSI lacks downward momentum.
Supports and resistances:
80.70
80.00
79.35
78.10 Last
77.55
76.95
76.15
Our preference:
long positions above 77.55 with targets at 79.35 & 80.00 in extension.
Alternative scenario:
below 77.55 look for further downside with 76.95 & 76.15 as targets.
Comment:
the RSI lacks downward momentum.
Supports and resistances:
80.70
80.00
79.35
78.10 Last
77.55
76.95
76.15
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
77.154
-0.575
-0.74%