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 | 6.6181 | 6.6223 | 6.7788 | 6.5934 |
| USOil | 93.423 | 93.457 | 96.553 | 91.992 |
| UKOil | 106.1 | 106.14 | 108.841 | 104.395 |
| NGAS | 3.143 | 3.155 | 3.2444 | 3.0899 |
| WHEATF | 686.84 | 687.94 | 704.44 | 682.57 |
| XAUUSD | 4118.59 | 4119.58 | 4285.06 | 4110.8 |
| XAGUSD | 60.551 | 60.872 | 64.46 | 60.455 |