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WTI stalls around resistance

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Contrats à terme sur pétrole brut léger (NYMEX_DL:CL1!)  
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NYMEX_DL:CL1!   Contrats à terme sur pétrole brut léger
Trend Analysis Support and Resistance Pivot Points WTI wticrude Oil Crude Oil Futures WTI (CL1!) swingtrade swingtrading wtioil wtiusd oott
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trendanalysis supportandresistance pivotpoints wti wticrude oil cl1! swingtrade swingtrading wtioil wtiusd oott
The core bias remains for a move up to $77, but as price action during the current rally on the 1-hour chart is choppy and has stalled near resistance, we're looking for a dip lower to around $73.

Also note that the weekly and monthly pivot points are hovering above the 10/20-day EMAs, which adds conviction that an interim top may be about to form.

Idées en relation

CityIndex
WTI remains on the 'buy the dip' status
CityIndex
Breakout for crude oil in focus
CityIndex
WTI crude looks set to bounce
Clause de non-responsabilité

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