WTI Crude Oil Intra-day Analysis 1st Mar. 2021
Under Pressure
Our Pivot: 63.55
Our Preference: Short Sell WTI below 62.83 with strict stop loss of 63.55 and profit target at 61.50 with extension towards 60.90.
Alternate Scenario: Upward penetration of 63.55 will call for 63.90 and 64.20.
NOTE: WTI is moving downward after facing rejection from its correction on hourly chart and a strong resistant trend line on weekly and monthly charts.
Chart with supports & resistances:
RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3
Technical Levels
| Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
|---|
Commodities Live Prices
| Ticker | Bid | Ask | High | Low |
|---|---|---|---|---|
| Copper | 5.1042 | 5.1084 | 5.2354 | 5.0409 |
| USOil | 60.487 | 60.521 | 60.732 | 59.622 |
| UKOil | 64.9 | 64.96 | 65.171 | 64.035 |
| NGAS | 3.9666 | 3.9786 | 3.9496 | 3.7804 |
| WHEATF | 523.83 | 524.93 | 535.94 | 519.82 |
| XAUUSD | 4016.39 | 4016.79 | 4015.15 | 3915.09 |
| XAGUSD | 48.792 | 48.994 | 48.999 | 47.165 |