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Analysis

Crude Oil (WTI) may fall to 68.35 - 68.80

BY Trading Central

|decembrie 20, 2024

(G5) Intraday: expect 68.80.

 (G5) Intraday: expect 68.80.

Pivot

69.50

Our preference

Short positions below 69.50 with targets at 68.80 & 68.35 in extension.

Alternative scenario

Above 69.50 look for further upside with 69.80 & 70.15 as targets.

Comment

The RSI advocates for further downside.

Supports and resistances

70.15

69.80

69.50

68.96 Last

68.80

68.35

68.00

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

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