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)
ノート
It's still within the range - No direction clear as for yet.
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。