Monday, October 23, 2017

WTI Crude oil significant levels

             At the moment the barrel of WTI is up 0.69% at $52.20 and a break above $52.37 (high Oct.16) would open the door to $52.86 (high Sep.28) and finally $53.76 (high Apr.12). On the flip side, the immediate support lines up at $51.15 (10-day sma) seconded by $50.70 (low Oct.20) and then $50.08 (38.2% Fibo of $45.58-$52.86).

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