NYMEX:CLV2012   LIGHT CRUDE OIL FUTURES
123 0 0
WTI Crude price action reached overextended level currently retesting 200 Day SMA . Indicators like MACD and Stoch are at overbought levels. Support on the downside are located at 93.23 which is 20 period SMA followed by 90.26 ( 38.2% Fib Retracement from July lows to September highs ) and 87.70-88.49 which are 50 SMA and 50% Fib Retracement respectively. Resistance on the upside is located at 100, falling trend line, followed by 105.50. Crude price is extremely exposed to ongoing Geo-Political developments in the Middle East and disruptive weather patterns especially in relation to the Gulf of Mexico region.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out