Crude Oil (WTI) may rise to 82.60 - 83.20

Pivot

81.50

Our preference

Long positions above 81.50 with targets at 82.60 & 83.20 in extension.

Alternative scenario

Below 81.50 look for further downside with 80.80 & 80.20 as targets.

Comment

The RSI calls for a bounce.

Supports and resistances

83.80

83.20

82.60

82.27 Last

81.50

80.80

80.20

Number of asterisks represents the strength of support and resistance levels.
Technical IndicatorsTrend AnalysisWave Analysis

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