WTI Crude Oil Intra-day Analysis 4th Mar. 2021
Caution
Our Pivot: 62.70
Our Preference: Short Sell WTI above 62.00 with strict stop loss of 62.70 and profit target at 61.00 with extension towards 60.20
Alternate Scenario: Upward penetration of 62.70 will call for 63.30 and 63.80.
NOTE: WTI is being capped by neckline of its previous head and shoulder on hourly chart.
Chart with supports & resistances:
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Technical Levels
| Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
|---|
Commodities Live Prices
| Ticker | Bid | Ask | High | Low |
|---|---|---|---|---|
| Copper | 6.666 | 6.6702 | 6.6989 | 6.5252 |
| USOil | 93.572 | 93.606 | 93.417 | 90.138 |
| UKOil | 95.951 | 96.011 | 96.074 | 92.805 |
| NGAS | 3.1596 | 3.1716 | 3.2341 | 3.0935 |
| WHEATF | 602.08 | 603.18 | 610.44 | 598.94 |
| XAUUSD | 4487.63 | 4487.93 | 4541.66 | 4463.03 |
| XAGUSD | 75 | 75.326 | 77.178 | 74.326 |