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 | 6.706 | 6.7102 | 6.7435 | 6.6866 |
| USOil | 86.683 | 86.717 | 87.098 | 86.132 |
| UKOil | 91.294 | 91.354 | 91.611 | 90.694 |
| NGAS | 2.9306 | 2.9426 | 2.9491 | 2.9085 |
| WHEATF | 772.59 | 773.69 | 780.18 | 766.69 |
| XAUUSD | 4433.12 | 4433.42 | 4461.7 | 4424.65 |
| XAGUSD | 66.478 | 66.8 | 67.238 | 65.929 |