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 | 4.9286 | 4.9328 | 5.0629 | 4.8779 |
USOil | 63.284 | 63.318 | 63.993 | 62.494 |
UKOil | 65.254 | 65.314 | 65.876 | 64.596 |
NGAS | 3.718 | 3.73 | 3.7964 | 3.6159 |
WHEATF | 545.95 | 547.05 | 549.69 | 540.07 |
XAUUSD | 3352.67 | 3352.97 | 3403.56 | 3339.35 |
XAGUSD | 35.644 | 35.679 | 36.088 | 34.417 |