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
Copper6.79736.8015 6.8119 6.6997
USOil93.66493.698 94.736 92.108
UKOil98.33198.391 99.481 96.744
NGAS2.97052.9825 2.9986 2.9355
WHEATF751.09752.19 763.44 732.09
XAUUSD4403.724404.02 4443.19 4387.86
XAGUSD65.98166.303 67.34 65.532


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