Under Pressure
Our Pivot: 58.75
Our Preference: Short Sell WTI below 58.12 with strict stop loss of 58.75 and profit target at 57.10 with extension towards 56.60.
Alternate Scenario: Upward penetration of 58.75 will call for 59.60.
NOTE: WTI is moving downward in a bearish price channel.
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 | 6.339 | 6.3432 | 6.3511 | 6.3285 |
| USOil | 82.299 | 82.333 | 83.296 | 79.087 |
| UKOil | 87.21 | 87.27 | 88.114 | 82.494 |
| NGAS | 2.6914 | 2.7034 | 2.706 | 2.6719 |
| WHEATF | 669.7 | 670.8 | 666.19 | 650.08 |
| XAUUSD | 4023.98 | 4024.28 | 4029.91 | 4013.5 |
| XAGUSD | 57.061 | 57.378 | 57.518 | 56.695 |