Crude Oil (WTI) may rise to 87.40 - 88.20

Pivot

86.00

Our preference

Long positions above 86.00 with targets at 87.40 & 88.20 in extension.

Alternative scenario

Below 86.00 look for further downside with 85.50 & 84.65 as targets.

Comment

The RSI shows upside momentum.

Supports and resistances

89.00

88.20

87.40

86.80 Last

86.00

85.50

84.65

Number of asterisks represents the strength of support and resistance levels.
Chart PatternsTrend AnalysisWave Analysis

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