Crude Oil (WTI) (Z4) ST: under pressure.

High Volatility
file_20231222181102
CL+0%
2024-11-13 06:30Source:TC

Pivot: 72.60

Our preference: short positions below 72.60 with targets at 65.70 & 62.00 in extension.

Alternative scenario: above 72.60 look for further upside with 77.30 & 80.00 as targets.

Comment: a break below 65.70 would trigger a drop towards 62.00.

Supports and resistances:

80.00 ***

77.30 ***

72.60 ***

68.32 Last

65.70 ***

62.00 **

60.00 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-13-2024 at 06:30 UTC+1

Price reference: 68.32 last known on 11-13-2024 at 06:30 UTC+1

Investment horizon: ST

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