Crude Oil (WTI) (G1) ST: further advance.

USOil

Trading Central 2021-01-13 12:08:05

Pivot: 49.10

Our preference: long positions above 49.10 with targets at 58.90 & 61.10 in extension.

Alternative scenario: below 49.10 look for further downside with 46.30 & 44.20 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:

62.30 **

61.10 **

58.90 ***

53.90 Last

49.10 ***

46.30 ***

44.20 **

Disclaimer

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