WTI Crude Oil Intra-day Analysis 4th Mar. 2021
Caution
Our Pivot: 62.70
Our Preference: Short Sell WTI above 62.00 with strict stop loss of 62.70 and profit target at 61.00 with extension towards 60.20
Alternate Scenario: Upward penetration of 62.70 will call for 63.30 and 63.80.
NOTE: WTI is being capped by neckline of its previous head and shoulder on hourly chart.
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 | 4.9295 | 4.9337 | 5.0629 | 4.8779 |
| USOil | 63.242 | 63.276 | 63.993 | 62.494 |
| UKOil | 65.225 | 65.285 | 65.876 | 64.596 |
| NGAS | 3.7186 | 3.7306 | 3.7964 | 3.6159 |
| WHEATF | 545.44 | 546.54 | 549.69 | 540.07 |
| XAUUSD | 3351.92 | 3352.22 | 3403.56 | 3339.35 |
| XAGUSD | 35.636 | 35.669 | 36.088 | 34.417 |