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Analysis

Crude Oil (WTI) may fall to 67.00 - 67.45

BY Trading Central

|November 15, 2024

(Z4) Intraday: under pressure.

 (Z4) Intraday: under pressure.

Pivot

68.70

Our preference

Short positions below 68.70 with targets at 67.45 & 67.00 in extension.

Alternative scenario

Above 68.70 look for further upside with 69.40 & 69.80 as targets.

Comment

The RSI has broken down its 30 level.

Supports and resistances

69.80

69.40

68.70

67.90 Last

67.45

67.00

66.30

Number of asterisks represents the strength of support and resistance levels.

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