WTI

Oil futures are showing an image stuck between the outlook for the Chinese economy and expectations for a Fed rate cut. The course of European and US stock markets and the stock figures to be announced by the American Petroleum Institute can be followed during the day. As long as prices remain below the 81.00 - 80.50 supports, a downward view may be at the forefront. In possible declines, 80.00 and 79.50 levels can be targeted. As long as possible recoveries are limited to the 81.00 - 80.50 supports, new downward potential may occur. Therefore, for the continuation of the upward desire, it may be necessary to see the course above 81.50 and 4-hour closings. In this case, the 82.00 and 82.50 levels may come to the agenda. Support: 81.00 - 80.50 Resistance: 82.00 - 82.50