WTI - RANGE BOUND!
Commodities overall since last yr are on a rise as seen on commodity index, I mean look at lumber and various others the % of return has been great and this has been increasing due to inflation, lower dollar etc.
For now WTI - We are still within the range technically.
Pattern: Pennant
Support: 62.62, 60.30, 59.15, 57.20, 55.40
Resistance: 67.15, 69.75, 72.65, 75.15
A break to either direction for further clarification, the key trendline up staying above the bulls are still in control if we break below trendline up bears may start coming in.
Trade Journal
(Just a trade idea, not a recommendation)
Commodities overall since last yr are on a rise as seen on commodity index, I mean look at lumber and various others the % of return has been great and this has been increasing due to inflation, lower dollar etc.
For now WTI - We are still within the range technically.
Pattern: Pennant
Support: 62.62, 60.30, 59.15, 57.20, 55.40
Resistance: 67.15, 69.75, 72.65, 75.15
A break to either direction for further clarification, the key trendline up staying above the bulls are still in control if we break below trendline up bears may start coming in.
Trade Journal
(Just a trade idea, not a recommendation)
注释
It's still within the range - No direction clear as for yet.免责声明
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免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
