WTI Light Sweet Crude Oil 4/26/23
For Wednesday, 80.06 can contain weekly buying pressures, below which 76.20 remains a 3 - 5 day objective able to contain selling through the balance of the week.
A daily settlement below 76.20 signals a good weekly high, the longer-term target at 71.76 by the end of next week, where the market can bottom out through May and a meaningful downside continuation point over the same time horizon.
Upside Wednesday, closing above 80.06 signals 82.29 within several days, long-term resistance able to contain buying into summer, and below which 71.76 remains a 3 - 5 week objective.
Inversely, a weekly settlement above 82.29 would indicate 95.91 over the following 2 - 3 months.
A daily settlement below 76.20 signals a good weekly high, the longer-term target at 71.76 by the end of next week, where the market can bottom out through May and a meaningful downside continuation point over the same time horizon.
Upside Wednesday, closing above 80.06 signals 82.29 within several days, long-term resistance able to contain buying into summer, and below which 71.76 remains a 3 - 5 week objective.
Inversely, a weekly settlement above 82.29 would indicate 95.91 over the following 2 - 3 months.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
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Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.