WTI Crude Oil Intra-day Analysis 16th Feb. 2021

Turning Down

Our Pivot: 60.91

Our Preference: Short sell below 60.40 with strict stop loss of 60.91 and profit target at 59.65.

Alternate Scenario: Upward penetration of 60.91 will call for 61.50 & 61.80.

NOTE: WTI is being capped by a resistant trend line.

Chart with supports & resistances:

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Technical Levels

Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00

Commodities Live Prices

TickerBidAskHighLow
Copper4.9294.9332 5.0629 4.8779
USOil63.27463.308 63.993 62.494
UKOil65.24665.306 65.876 64.596
NGAS3.71753.7295 3.7964 3.6159
WHEATF546.09547.19 549.69 540.07
XAUUSD3353.673353.97 3403.56 3339.35
XAGUSD35.64735.682 36.088 34.417


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