ACTIV8X

Crude Oil: A Tunnel Vision...

NYMEX:CL1!   Light Crude Oil Futures
Yesterday's upper movement failed to cut through its EMAs, disabling any further movement that would break the consolidation it is going through, it has been a week. Breaching 44.33 will send Oil             south to 40.26, with 42.71 as a primary objective.

Breaking through 45.85 will send Oil             towards be sent towards 46.36, which breaching will induce a rally with 51.54 as an objective.

Cutting through 44.68 will send Oil             down towards 44.4. Breaching 44.4 will send Crude down to 40.26 with 42.71 as a primary objective.

Volumes are increasing, after two day of very low volumes. If volumes continue to increase tomorrow, it will suggest the end of the current consolidation.

Crude's daily Pivot Point is around 45.3. The daily support levels are around 44.75 and 44.13. The daily resistance levels are around 45.92 and 46.47.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out