Under Pressure
Our Pivot: 58.60
Our Preference: Short sell below 58.00 with strict stop loss of 58.60 and profit target at 57.30 with extension towards 57.00.
Alternate Scenario: Upward penetration of 58.60 will call for 59.00 & 59.00.
NOTE: WTI is moving downward after breakout of its ascending wedge in downward direction.
Chart with supports & resistances:
RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3
Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
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Ticker | Bid | Ask | High | Low |
---|---|---|---|---|
Copper | 4.6463 | 4.6505 | 4.7391 | 4.6261 |
USOil | 63.457 | 63.491 | 63.693 | 62.738 |
UKOil | 66.344 | 66.404 | 66.626 | 65.694 |
NGAS | 3.5269 | 3.5389 | 3.63 | 3.4749 |
WHEATF | 522.94 | 524.04 | 525.31 | 510.33 |
XAUUSD | 3183.18 | 3183.48 | 3257.28 | 3174.92 |
XAGUSD | 32.234 | 32.267 | 32.997 | 32.108 |