Under Pressure
Our Pivot: 58.75
Our Preference: Short Sell WTI below 58.12 with strict stop loss of 58.75 and profit target at 57.10 with extension towards 56.60.
Alternate Scenario: Upward penetration of 58.75 will call for 59.60.
NOTE: WTI is moving downward in a bearish price channel.
Chart with supports & resistances:

RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3
| Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
|---|
| Ticker | Bid | Ask | High | Low |
|---|---|---|---|---|
| Copper | 6.3393 | 6.3435 | 6.3583 | 6.3279 |
| USOil | 88.929 | 88.963 | 89.918 | 88.643 |
| UKOil | 91.815 | 91.855 | 94.466 | 89.564 |
| NGAS | 3.1296 | 3.1416 | 3.1466 | 3.128 |
| WHEATF | 584.59 | 585.69 | 595.31 | 581.2 |
| XAUUSD | 4245.65 | 4245.95 | 4261.22 | 4232.34 |
| XAGUSD | 64.921 | 65.264 | 65.569 | 64.649 |