Crude Oil (WTI) (X4) Intraday: the downside prevails.

Limited Decrease
l
file_20231222181102
CL+0%
2024-10-15 07:08Source:TC

Pivot: 73.40

Our preference: short positions below 73.40 with targets at 71.05 & 69.90 in extension.

Alternative scenario: above 73.40 look for further upside with 74.80 & 75.40 as targets.

Comment: the RSI has broken down its 30 level.

Supports and resistances:

75.40

74.80

73.40

71.56 Last

71.05

69.90

69.10

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 10-15-2024 at 07:08 UTC+1

Price reference: 71.56 last known on 10-15-2024 at 07:08 UTC+1

Investment horizon: INTRADAY

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