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Monday, February 23, 2015

Crude Oil - WTI - Daily - Weekly Trend & Trading Levels - 23 Feb 2015

Weekly Trading Levels

Best Buy & Sup @ 52 (Current Resistance) Actual  Resistance & best short level @ 52.98 a break above 53.96 upside target capped @ 56.86 - 58.08, However a crack below 51.02 downside capped @ 47.88 - 46.66

Daily Trend - Bearish

Weekly Trend - Neutral

Monthly Trend - Bullish

Daily  Trading  levels 


As the Trend is Bearish - only sell levels are initiated as of daily

Resistance & Best sell 51.02 - 51.62 below 50.40 downside capped @ 48.70 - 48.02 stops above 52.02

Now @ 50.80


Most Probable Tape 

48 <<====>> 58 >> 68
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