Technical Analysis outlook - COMMODITY : $CRUDE OIL - $WTI
Sun 10.Feb.2019
Crude oil
LAST= 52.60
Crude movement during the last few days showed a Bullish move, with a recent high price seen on Mon 04.Feb.2019 at 55.59.
During the next few days the price is expected to go down to 51.50
The general view is expected to continue to be in consolidation between 53.65 - 51.50.
On the other hand, a change in the direction of the general trend needs to be considered when the price trades below the level 49.50
Res_2 = 55.25
Res_1 = 53.75
Sup_1 = 52.00
Sup_2 = 51.10
Crude oil
LAST= 52.60
Crude movement during the last few days showed a Bullish move, with a recent high price seen on Mon 04.Feb.2019 at 55.59.
During the next few days the price is expected to go down to 51.50
The general view is expected to continue to be in consolidation between 53.65 - 51.50.
On the other hand, a change in the direction of the general trend needs to be considered when the price trades below the level 49.50
Res_2 = 55.25
Res_1 = 53.75
Sup_1 = 52.00
Sup_2 = 51.10