Crude Oil (WTI) may rise to 87.40 - 88.20
Pivot
86.00
Our preference
Long positions above 86.00 with targets at 87.40 & 88.20 in extension.
Alternative scenario
Below 86.00 look for further downside with 85.50 & 84.65 as targets.
Comment
The RSI shows upside momentum.
Supports and resistances
89.00
88.20
87.40
86.80 Last
86.00
85.50
84.65
Number of asterisks represents the strength of support and resistance levels.
86.00
Our preference
Long positions above 86.00 with targets at 87.40 & 88.20 in extension.
Alternative scenario
Below 86.00 look for further downside with 85.50 & 84.65 as targets.
Comment
The RSI shows upside momentum.
Supports and resistances
89.00
88.20
87.40
86.80 Last
86.00
85.50
84.65
Number of asterisks represents the strength of support and resistance levels.
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