WTI

image

WTI

WTI We started to see weakness again on the CRUDE Oil side. It could not close above 76.40 in the 4-hour view. This horizontal level was an area we considered important as support/resistance. If the price cannot settle above the moving averages again, we will expect it to test the $73 levels once again. Support: 75.50 – 74.00 – 72.50 Resistance: 76.40 - 80.15 – 82.00