Under Pressure
Our Pivot: 63.50
Our Preference: Short Sell WTI below 62.80 with strict stop loss of 63.37 and profit target at 61.70 with extension towards 61.50.
Alternate Scenario: Upward penetration of 63.50 will call for 64.10.
NOTE: WTI is taking correction of its bearish rally and its expected that it would continue its bearish journey after completion of this correction.
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 |
|---|
| Ticker | Bid | Ask | High | Low |
|---|---|---|---|---|
| Copper | 6.3443 | 6.3485 | 6.3511 | 6.3285 |
| USOil | 82.522 | 82.556 | 83.296 | 79.087 |
| UKOil | 87.506 | 87.566 | 88.114 | 82.494 |
| NGAS | 2.6929 | 2.7049 | 2.706 | 2.6719 |
| WHEATF | 669.83 | 670.93 | 666.19 | 650.08 |
| XAUUSD | 4024.57 | 4024.87 | 4029.91 | 4013.5 |
| XAGUSD | 57.099 | 57.419 | 57.518 | 56.695 |