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WTI Crude Oil (CL) - Technical Analysis Report - 20250908Analysis Date : September 8, 2025 Current Price : $62.25 Market Session : Pre-Market Analysis Executive Summary WTI Crude Oil presents a complex trading scenario with strong institutional support at current levels offset by concerning technical deterioration on the execution timeframe. The quarterly volume profile reveals massive smart money accumulation in the $62-64 zone, yet recent DEMA bearish crossover signals potential near-term weakness. This analysis provides a comprehensive framework for navigating this conflicted setup. Quarterly Volume Profile Analysis Institutional Positioning Intelligence The quarterly volume profile (Q3 2025) reveals critical institutional positioning patterns that provide strategic context for all tactical decisions: Primary Institutional Accumulation Zone: $62.00-$64.50 Massive blue volume concentration representing institutional accumulation Heaviest volume density occurs at $62.50-$63.50 range Current price ($62.25) sits at the lower boundary of this critical zone Volume profile width indicates sustained institutional interest over extended period Secondary Support Levels: $60.50-$61.50: Moderate blue volume representing backup institutional support $58.00-$59.00: Minimal volume suggesting limited institutional interest Below $58.00: Complete volume void indicating institutional evacuation zone Resistance Structure Analysis: $65.00-$66.50: First institutional resistance zone with mixed volume $68.00-$70.00: Heavy yellow volume indicating institutional distribution $70.00+: Historical distribution zone from Q2 2025 peak Price Structure Context Historical Pattern Recognition: The current positioning mirrors successful institutional accumulation patterns observed in previous commodity cycles. The width and intensity of the $62-64 blue volume zone suggests this represents a major strategic positioning by institutional participants, similar to the Natural Gas accumulation pattern that preceded its successful reversal. Critical Structure Points: Institutional Floor: $62.00 represents the absolute lower boundary of smart money positioning Volume Point of Control: $63.25 shows peak institutional activity Breakout Level: $64.50 marks the upper boundary requiring institutional continuation Void Zone: $58-60 represents dangerous territory with minimal institutional backing Execution Chart Technical Analysis Current Technical Configuration DEMA Analysis - CRITICAL WARNING SIGNAL: Black Line (Fast DEMA 12): Currently at $62.25 Orange Line (Slow DEMA 20): Currently at $62.50 Configuration: Bearish crossover confirmed (black below orange) Trend Bias: Technical momentum now bearish despite institutional support DMI/ADX Assessment: ADX Level: 40+ indicating strong directional movement +DI vs -DI: -DI gaining dominance over +DI Momentum Direction: Confirming the DEMA bearish bias Trend Strength: High ADX suggests this technical shift has conviction Stochastic Analysis: Tactical Stochastic (5,3,3): Oversold territory providing potential bounce signal Strategic Stochastic (50,3,3): Still showing bearish momentum Divergence: Mixed signals between timeframes creating uncertainty Support and Resistance Levels Immediate Technical Levels: Current Resistance: $62.75 (DEMA 20 orange line) Key Resistance: $63.25 (institutional volume POC) Major Resistance: $64.00 (upper institutional boundary) Immediate Support: $61.75 (recent swing low) Critical Support: $61.25 (institutional floor approach) Emergency Support: $60.50 (secondary institutional zone) Trading Scenarios and Setup Criteria Scenario 1: Bullish Reversal Setup Required Conditions for Long Entry: DEMA recrossover: Black line must cross back above orange line DMI confirmation: +DI must regain dominance over -DI ADX maintenance: Strong directional reading above 25-30 Volume respect: Price must hold above $62.00 institutional floor Stochastic alignment: Both tactical and strategic stochastics showing bullish divergence Entry Protocol: Primary Entry: $62.50-$63.00 upon DEMA bullish recrossover Secondary Entry: $62.00-$62.25 if institutional floor holds with technical improvement Position Sizing: 2% account risk maximum given conflicted signals Stop Loss: Below $61.50 (institutional support violation) Profit Targets: Target 1: $65.00 (first institutional resistance) - Take 50% profits Target 2: $67.00 (major resistance zone) - Take 25% profits Target 3: $68.50-$70.00 (distribution zone) - Trail remaining 25% Scenario 2: Bearish Breakdown Setup Short Entry Conditions: DEMA bearish continuation: Black line accelerating below orange line Volume violation: Price breaking below $62.00 institutional floor DMI confirmation: -DI expanding lead over +DI ADX persistence: Maintaining strong directional bias Short Setup Parameters: Entry Range: $61.50-$61.75 on institutional support breakdown Stop Loss: Above $62.75 (failed breakdown) Targets: $60.00, $58.50, $57.00 (volume void zones) Risk Management: Tight stops given counter-institutional positioning Scenario 3: Range-Bound Consolidation Sideways Trading Framework: Range Definition: $62.00-$64.50 (institutional accumulation zone) Long Zone: $62.00-$62.50 (lower boundary) Short Zone: $63.75-$64.50 (upper boundary) Stop Distance: 0.5-0.75 points ($500-$750 per contract) Profit Target: Opposite range boundary Risk Management Protocols Position Sizing Guidelines Conservative Approach (Recommended): Maximum Risk: 1.5% of account (reduced from standard 2% due to technical/institutional conflict) Contract Calculation: Account Size ร— 0.015 รท (Stop Distance ร— $10) Example: $100,000 account with $0.75 stop = 200 contracts maximum Stop Loss Hierarchy Tactical Stop: $61.75 (execution chart support) Strategic Stop: $61.50 (institutional boundary approach) Emergency Stop: $60.75 (institutional floor violation) Time-Based Risk Controls Monitoring Requirements: Daily: DEMA relationship and institutional level respect 4-Hour: DMI momentum shifts and ADX strength Hourly: Stochastic divergence patterns Exit Timeline: 10 trading days maximum if no clear resolution Market Context and External Factors Fundamental Considerations Supply/Demand Dynamics: OPEC+ production decisions impacting supply outlook US Strategic Petroleum Reserve policies China demand recovery prospects Refinery maintenance season effects (September-October) Geopolitical Factors: Middle East tension levels affecting risk premiums US-Iran relations impacting supply disruption concerns Russia-Ukraine conflict ongoing effects on global energy flows Seasonal Patterns September-October Considerations: End of summer driving season typically bearish for demand Hurricane season potential for supply disruptions Heating oil demand preparation potentially supportive Refinery turnaround season creating temporary supply tightness Monitoring Checklist and Alert Levels Daily Monitoring Requirements DEMA Status: Track black vs orange line relationship Institutional Respect: Confirm price behavior at $62.00 floor Volume Analysis: Monitor any changes in accumulation patterns External Events: EIA inventory reports, Fed policy statements Correlation Analysis: Monitor relationship with dollar strength and equity markets Critical Alert Levels Bullish Alerts: DEMA bullish recrossover above $62.50 Strong bounce from $62.00 institutional floor +DI reclaiming dominance over -DI Break above $64.50 with volume confirmation Bearish Alerts: Break below $62.00 institutional floor DEMA gap expansion (black line diverging from orange) Volume breakdown below secondary support at $60.50 ADX above 50 with strong -DI dominance Conclusion and Strategic Outlook WTI Crude Oil presents a classic conflict between institutional positioning and technical momentum. The quarterly volume profile provides unambiguous evidence of major institutional accumulation at current levels, yet execution chart technical deterioration cannot be ignored. This scenario requires heightened vigilance and reduced position sizing until technical and institutional signals realign. The institutional floor at $62.00 represents the critical decision point - respect of this level with technical improvement offers exceptional risk/reward opportunities, while violation signals potential deeper correction despite smart money positioning. Strategic Recommendation: Defensive positioning with readiness to capitalize on either directional resolution. Prioritize capital preservation while maintaining alert status for high-probability setups upon signal alignment. Next Review: Daily assessment of DEMA configuration and institutional level respect Document Status: Active monitoring required - conflicted signals demanding careful attention Important Disclaimer Risk Warning and Educational Purpose Statement This analysis is provided for educational and informational purposes only and does not constitute financial advice, investment recommendations, or trading signals. All trading and investment decisions are solely the responsibility of the individual trader or investor. Key Risk Considerations: Futures trading involves substantial risk of loss and is not suitable for all investors Past performance does not guarantee future results Market conditions can change rapidly, invalidating any analysis Leverage can amplify both profits and losses significantly Individual financial circumstances and risk tolerance vary greatly Professional Guidance: Before making any trading decisions, consult with qualified financial advisors, conduct your own research, and ensure you fully understand the risks involved. Only trade with capital you can afford to lose. Methodology Limitations: Volume profile analysis and technical indicators are tools for market assessment but are not infallible predictors of future price movement. Market dynamics include numerous variables that cannot be fully captured in any single analytical framework. The views and analysis presented represent one interpretation of market data and should be considered alongside other forms of analysis and individual judgment.
NYMEX:CL1!
by mxb1961
Crude Oil MCX Futures โ€” Weekly Positional Roadmap (1-5 Sep-2025)MCX:CRUDEOIL1! For positional and swing traders in Crude Oil MCX Futures, weekly levels provide a clear directional blueprint for the week ahead. Weekly Key Levels Zero Line: 5654 โ€” This is the pivotal level dividing bullish and bearish sentiment for the entire week. Any 1 hour candle closed before or above with a high or low break, is a bias hint for the week! Positional Buy Setup: Remain buy-biased till 5627. Positions can be initiated above 5671 (Weekly Long Entry) and strengthened at 5663 (Add Long). Upside Targets: Weekly Take Profit Tgt 1: 5698 Weekly Take Profit Tgt 2: 5725 Long Exit: Closing Above 5647 โ€” Consider booking positions near these levels if upward momentum stalls. Weekly Bearish Plan Short Setup: If Crude breaches and sustains below 5654, positional shorts can be considered with eyes on 5610 and 5583 for target levels. Short Exit: Cover or reconsider shorts if price rebounds above 5678. Tactical Guidance Weekly/Positional Traders: Use these levels for larger swing moves; wait for clear breakouts confirmed by 1 Hour candle closes for timing entries and exits, on pull back, make positions. Adapt position sizes and risk management to account for wider weekly swings compared to daily trades. Approach the week with a clear planโ€”these levels serve as checkpoints for positional trading rather than intraday scalps. Stay patient and disciplined for potential bigger moves this week. MCX:CRUDEOIL1!
MCX:CRUDEOIL1!
by ChartPathik
Light Crude Oil Futures (CL) โ€“ Trade Setup & Key Levels ๐Ÿ›ข๏ธ Light Crude Oil Futures (CL) โ€“ Trade Setup & Key Levels ๐Ÿ“Š Analyzing Light Crude Oil Futures based on recent market structure and risk management parameters. ๐Ÿ“Œ **Entry Price:** $61.15 ๐Ÿ”‘ Key Levels to Watch: ๐Ÿ”น **Exit Target:** +6.1% above entry โ†’ around $64.88 ๐Ÿ”น **Stop Loss:** -4.6% below entry โ†’ around $58.34 ๐Ÿ”น **Support Zone:** -7.3% below entry โ†’ around $56.66 ๐Ÿ”น **Resistance Zone:** +10.9% above entry โ†’ around $67.84 Crude Oil is consolidating in a medium-range channel. With the current entry, the risk-to-reward ratio favors a potential upside, while defined levels help manage downside risks. **Bullish View:** Price can aim for $64.88 first, and potentially retest the $67.80 resistance zone. **Bearish View:** If $58.34 fails to hold, we may see extended downside toward $56.66 support. โš ๏ธ **Note:** If price breaks below $58.34, expect further decline toward support. โš ๏ธ ๐Ÿ”” **Be sure to follow updated ideas for Crude Oil Futures!** ๐Ÿ”” โฐ **Analysis Timeframe:** Daily & 4H perspective. โš–๏ธ **Always use a Stop Loss** for risk management! ๐Ÿšจ ๐Ÿ’ก **This is just my market idea โ€” follow your own strategy.** โœ… **Hit the 'Like' button** โœ… ๐Ÿ™๐Ÿ˜Š & Share with fellow traders if you find it useful!
NYMEX:CL1!Long
by MarxBabu
Crude Oil Short After Finding A Recurring BehaviorAfter I cleared the CL chart, I immediately saw a behavior that we can use for a setup right now. You see that the highs got cracked, and then immediately price turns to the south. And since we are in a downtrend on Crude, we have a legit Short-Trade at hand. With the modified Shiff-Fork you see how nice CL is reacting at the U-MLH, where it get's rejected. This level also coincides with the crack level. I personally would love a pullback up to the crack-zone before shorting it. Maybe the trading Gods give us a gift on this Wednesday. Talking about Wednesday: today we get the Crude Oil EIA numbers, which will probably move the markets. However you plan is if you trade it, don't have FOMO. There are many more trades to come in your trading career. Have a happy hump day ยง8-)
NYMEX:CL1!Short
by Tr8dingN3rd
return to solid sellers inspires immediate =SELL market order **1โ†’3 Movement:** We've carved out a spicy lower low that absolutely demolished the buyers from that 2โ†’3 upswing ๐Ÿ’€. This makes the sellers from numero uno the absolute CHAD entity in this local structure ๐Ÿ’ช **4โ†’5 Action:** Sellers came back virtually unchecked (like they owned the place ๐Ÿ˜Ž) until they hit that overlapping resistance zone where both highs 1 and 3 are chilling together like old friends ๐Ÿค ### What's the Vibe? ๐Ÿ”ฎ * **Continuation Theory:** We're probably heading down faster than my portfolio in 2022 ๐Ÿ“‰. Those previous upswings (2โ†’3 and that tiny pump before high 1) were equally one-sided and still got absolutely rekt. No reason to think this time hits different ๐ŸŽฏ * **Elliott Wave Gang:** This could be that legendary 5th wave finale ๐ŸŒŠ, setting us up for a classic 3-wave correction. (Counting that pre-number-1 uptrend as wave 1 because we're sophisticated like that ๐Ÿง) * **Dow Theory Confirmation:** We're surfing a downtrend with a potential kiss goodbye at resistance ๐Ÿ’‹. Higher timeframes are aligned like planets in retrograde โœจ * **Divergence Party:** Hidden bearish divergence across RSI, MFI, and A/D indicators ๐Ÿ“Š - the triple threat confirmation we love to see ๐ŸŽช ### Chaos Theory Stats (Because We're Built Different) ๐ŸŒช๏ธ * **64% Probability:** If price closes below a zone, there's a 64% chance it'll hit the next zone down. That's better than a coinflip, and we'll take those odds all day ๐ŸŽฒ * **Breakeven Placement:** Strategically positioned because if price returns to the zone above after hitting BE, we've got a 75% chance of revisiting entry (and nobody likes giving back profits) ๐Ÿ’ธ * **Zone Selection:** Next orange zone below is the target because we're methodical like that ๐ŸŽฏ * **Data Backing:** These stats are from the last 2,500 bars - not some random hopium, actual backtested edge ๐Ÿ“ˆ **Trade Invalid:** If price closes above that orange zone lurking below this text โš ๏ธ --- *Not financial advice, just one trader's vibe check on the markets* ๐Ÿš€๐Ÿ’€
NYMEX:MCL1!Short
by jacesabr_real
CL1! โ€” Bearish: back inside the descending channel, watching theThesis (1h): Price had been sliding within a broad descending channel (grey). The counter-trend recovery shaped a rising channel (orange). Yesterdayโ€™s attempt to resume the advance from the lower orange boundary failed and turned into a bull trap; sellers pushed price back inside the grey channel. Bears confirmed control at the red line (resistance/retest). Map: Clear supply pressure after the failed bounce. While price stays below the red line, the base case is a drift toward the channel median (the โ€œmagnetโ€). A momentum extension could target the lower band later; not the main case yet. Invalidation: Sustained acceptance back above the red line and into the orange channel would neutralize the bearish read. Educational only. Not financial advice.
NYMEX:CL1!Short
by supplyanddemandtrading
Lower Highs Signal Weakness: Crude Oil Bears Eye $61 Support The recent attempt to rally stalled around $65โ€“66, failing to break above the mid-Bollinger band resistance. Multiple long upper wicks show selling pressure on rallies. Price is moving closer to the lower band after failing to hold above the middle band. The market shows weak upside momentum and dominant selling pressure. As long as price stays below $65.50, bears maintain control. If $61.00 support breaks, downside targets are $59.00, then $57.00.
NYMEX:CLV2025Short
by Sahrin
WTI Crude Oil Price Weekly Forecast: Recovery Above $63 SupporteTrend: Upward correction within long-term channel Current Price: 63.53 โธป Bullish Scenario โ€ข Entry: BUY STOP 65.70 โ€ข Targets: 69.80 โ€ข Stop-Loss: 64.00 Bearish Scenario โ€ข Entry: SELL STOP 63.00 โ€ข Targets: 57.80 โ€ข Stop-Loss: 65.00 โธป Key Levels โ€ข Resistance: 65.70, 69.80 โ€ข Support: 63.00, 57.80 โธป Indicators โ€ข Alligator: fast EMAs below signal line, sell signal weakens โ€ข AO Histogram: corrective growth, still negative zone โ€ข Trend: testing support of ascending channel (82.00โ€“66.00), recovery potential above $63 โธป ๐Ÿ“Œ Holding above $63 keeps bullish momentum alive toward $65.70โ€“69.80. A break below $63 opens deeper correction to $57.80.
PYTH:WTI3!
by John_Isige
WTI Crude Oil Trading Analysis: June-August 2025 - 25-AugustWTI Crude Oil Trading Analysis: June-August 2025 Review & Week of August 25th Recommendations Analysis Date : August 23, 2025 Market : WTI Crude Oil Futures (CL1!) Methodology : Dual Renko Chart System ($0.25/15min + $0.50/30min) Volume Profile : 3-Month Monthly Analysis (June-August 2025) Executive Summary Market Regime: Oil has completed a major corrective phase from $72 highs to $61 lows, establishing a clear bottoming pattern with strong institutional accumulation. Current setup presents high-probability bullish swing opportunity with excellent risk/reward characteristics. Current Status : Bullish reversal confirmed with multiple technical confluences at critical support zone. Recommended positioning for upside targets with systematic risk management protocols. 3-Month Market Structure Analysis (June-August 2025) Phase 1: Distribution & Breakdown (June-July) Price Action: $72 โ†’ $61 (-15% decline) June Peak: Heavy red volume distribution at $71-72 level indicated institutional selling July Decline: Clean Renko downtrend with sustained selling pressure Volume Profile: Minimal volume during decline, suggesting limited buying interest until $63-64 zone Phase 2: Accumulation & Reversal Setup (Late July-August) Price Action: $61 โ†’ $63.50 (+4% recovery) Institutional Buying: Massive green volume accumulation at $63-65 level Support Establishment: $62-63 zone showing strong buying interest Technical Reversal: DEMA crossover confirmed bullish momentum shift Volume Profile Key Levels (3-Month Analysis) Major Support Zones : $62-63: Primary institutional accumulation (heaviest green volume) $60-61: Secondary support with moderate green volume $58-59: Ultimate support level (limited historical volume) Resistance Zones: $66-67: First institutional resistance (mixed volume) $69-70: Major distribution zone (heavy red volume from June) $71-72: Ultimate resistance (peak selling pressure) Current Technical Analysis (August 23, 2025) Dual Chart Assessment $0.50 Chart (Structure Analysis): Trend: Clear bottoming pattern completed at $61 low Current Position: Testing above major institutional accumulation zone Volume Confirmation: Trading within heaviest 3-month green volume cluster Structure: Higher lows pattern emerging since $61 bottom $0.25 Chart (Execution Analysis): DEMA Status: Bullish crossover confirmed (Black above Red at $63.00) DMI/ADX: +DI gaining momentum, ADX rising through 25 level Donchian Position: Price above basis, testing toward upper band Recent Action: 3 consecutive green bricks confirming upward momentum Technical Confluences Supporting Bull Case Volume Profile: Massive institutional support at current levels DEMA Crossover: Clear trend reversal signal confirmed Momentum: DMI showing bullish shift with strengthening ADX Structure: Higher low pattern vs. $61 bottom Risk/Reward: Excellent positioning near major support zone Market Context & Macro Considerations Current Oil Market Dynamics Supply: OPEC+ spare capacity at 5.9 million b/d (bearish) Demand: China slowdown offset by US resilience (neutral) Inventories: Below 5-year average (bullish) Refining: Margins supporting crude demand (bullish) Federal Reserve Impact Policy Stance: Potential September rate cut (bullish for commodities) Dollar Weakness: Could support oil prices Inflation Expectations: Rising energy costs could influence policy Seasonal Factors Driving Season: Peak summer demand ending (bearish) Hurricane Season: Atlantic activity potential (bullish) Refinery Maintenance: September turnaround season (mixed) Conclusion & Strategic Outlook Near-Term Assessment (1-2 weeks): The current setup represents a high-probability swing trading opportunity with exceptional risk/reward characteristics. The combination of institutional volume support, technical reversal signals, and favorable market structure creates optimal conditions for bullish positioning. Medium-Term Outlook (1-3 months): Successful navigation through the $66-68 resistance zone could establish a broader recovery toward $70-72 levels. However, macroeconomic headwinds and seasonal factors require careful position management and profit-taking discipline. Risk Assessment: While the setup is compelling, traders must respect the institutional accumulation levels as ultimate support. Any violation of the $62 zone would invalidate the bullish thesis and require immediate position liquidation. Strategic Advantage: The dual Renko chart system provides both structural clarity and tactical precision, enabling confident position sizing and systematic risk management. The monthly volume profile offers institutional-level insight typically unavailable to retail traders. Document Classification: Trading Analysis & Recommendations Risk Disclaimer: Past performance does not guarantee future results. All trading involves risk of loss.
NYMEX:CL1!
by mxb1961
A return to solid sellers in a downtrend paves the way for =SELL **1โ†’3 Movement:** We've carved out a spicy lower low that absolutely demolished the buyers from that 2โ†’3 upswing ๐Ÿ’€. This makes the sellers from numero uno the absolute CHAD entity in this local structure ๐Ÿ’ช **4โ†’5 Action:** Sellers came back virtually unchecked (like they owned the place ๐Ÿ˜Ž) until they hit that overlapping resistance zone where both highs 1 and 3 are chilling together like old friends ๐Ÿค ### What's the Vibe? ๐Ÿ”ฎ * **Continuation Theory:** We're probably heading down faster than my portfolio in 2022 ๐Ÿ“‰. Those previous upswings (2โ†’3 and that tiny pump before high 1) were equally one-sided and still got absolutely rekt. No reason to think this time hits different ๐ŸŽฏ * **Elliott Wave Gang:** This could be that legendary 5th wave finale ๐ŸŒŠ, setting us up for a classic 3-wave correction. (Counting that pre-number-1 uptrend as wave 1 because we're sophisticated like that ๐Ÿง) * **Dow Theory Confirmation:** We're surfing a downtrend with a potential kiss goodbye at resistance ๐Ÿ’‹. Higher timeframes are aligned like planets in retrograde โœจ * **Divergence Party:** Hidden bearish divergence across RSI, MFI, and A/D indicators ๐Ÿ“Š - the triple threat confirmation we love to see ๐ŸŽช ### Chaos Theory Stats (Because We're Built Different) ๐ŸŒช๏ธ * **64% Probability:** If price closes below a zone, there's a 64% chance it'll hit the next zone down. That's better than a coinflip, and we'll take those odds all day ๐ŸŽฒ * **Breakeven Placement:** Strategically positioned because if price returns to the zone above after hitting BE, we've got a 75% chance of revisiting entry (and nobody likes giving back profits) ๐Ÿ’ธ * **Zone Selection:** Next orange zone below is the target because we're methodical like that ๐ŸŽฏ * **Data Backing:** These stats are from the last 2,500 bars - not some random hopium, actual backtested edge ๐Ÿ“ˆ **Trade Invalid:** If price closes above that orange zone lurking below this text โš ๏ธ --- *Not financial advice, just one trader's vibe check on the markets* ๐Ÿš€๐Ÿ’€
NYMEX:MCL1!Short
by jacesabr_real
WTI Crude Oil โ€“ India Keeps Buying Russian Oil Despite U.S. SancSymbol: USCRUDE Timeframe: Weekly Current price: 63.53 โธป Bearish scenario โ€ข Entry: SELL STOP 62.50 โ€ข Targets: 59.38, 56.25, 53.12 โ€ข Stop: 64.50 Alternative bearish scenario โ€ข Entry: SELL LIMIT 65.62 โ€ข Targets: 59.38, 56.25, 53.12 โ€ข Stop: 68.00 โธป Key levels Resistance: 65.62, 68.75, 71.88 Support: 62.50, 59.38, 56.25, 53.12 Indicators โ€ข Bollinger Bands โ†’ pointing down, resistance at 65.62. โ€ข MACD โ†’ negative zone, trend still bearish. โ€ข Stochastic โ†’ overbought, risk of reversal. โธป ๐Ÿ“Œ WTI is testing 62.50 support. Break lower โ†’ downside to 59.38โ€“53.12. If price rebounds near 65.62, sellers could re-enter with tight stops.
PYTH:WTI3!
by John_Isige