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Crude Oil (WTI) (F4) Intraday: key resistance at 75.35.
2023-12-04
524
Pivot: 75.35
Our preference: short positions below 75.35 with targets at 73.90 & 73.40 in extension.
Alternative scenario: above 75.35 look for further upside with 76.40 & 77.10 as targets.
Comment: as long as 75.35 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
77.10
76.40
75.35
74.82 Last
73.90
73.40
72.50
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