Crude Oil (WTI) may rise to 82.60 - 83.00

Pivot

81.70

Our preference

Long positions above 81.70 with targets at 82.60 & 83.00 in extension.

Alternative scenario

Below 81.70 look for further downside with 81.30 & 80.80 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

83.40

83.00

82.60

82.17 Last

81.70

81.30

80.80

Number of asterisks represents the strength of support and resistance levels.
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