Crude Oil (WTI) may rise to 82.25 - 82.80

Pivot

81.35

Our preference

Long positions above 81.35 with targets at 82.25 & 82.65 in extension.

Alternative scenario

Below 81.35 look for further downside with 80.90 & 80.55 as targets.

Comment

The RSI advocates for further upside.

Supports and resistances

83.00

82.65

82.25

81.84 Last

81.35

80.90

80.55

Number of asterisks represents the strength of support and resistance levels.