Friday, October 18, 2024

1-11-2021 WTI Forecast

Oil is trading Under 82.00 that Gives a Negative view to reach its 1st target for today around 81.00 and if it breaks under 80.75 that will push the price to reach its 2nd target around 79.85

Only the break Over 82.30 would change this view and market direction to reach as high as 83.15 as its 1st target and if it breaks Higher than 83.50 that will open the door to reach its 2nd target around 84.40

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