WTI Crude Holding Strongest Support At 5385/75
Jason Sen | Feb 28, 2017 06:52AM ET
WTI crude holding the strongest support of the day at 5385/75 perfectly. Longs need stops below last week's low at 5335. Further losses test 2 week lows at 5312 but below 5300 risks a slide to strong support at 5255/45.
Holding first support at 5385/75 again today re-targets targets first resistance at 5430/20. Further gains re-target 5455/65 before the high last week at 5494/5503. Try shorts with stops above 5516 but on a break higher look for 5530/35 and 5555/60.
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