Crude Oil (WTI) may fall to 79.50 - 80.00
Pivot
81.15
Our preference
Short positions below 81.15 with targets at 80.00 & 79.50 in extension.
Alternative scenario
Above 81.15 look for further upside with 81.50 & 81.90 as targets.
Comment
The RSI advocates for further downside.
Supports and resistances
81.90
81.50
81.15
80.60 Last
80.00
79.50
79.05
Number of asterisks represents the strength of support and resistance levels.
81.15
Our preference
Short positions below 81.15 with targets at 80.00 & 79.50 in extension.
Alternative scenario
Above 81.15 look for further upside with 81.50 & 81.90 as targets.
Comment
The RSI advocates for further downside.
Supports and resistances
81.90
81.50
81.15
80.60 Last
80.00
79.50
79.05
Number of asterisks represents the strength of support and resistance levels.
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