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Technical analysis of WTI oil futures with key levels

Pivot 69.30 Our preference:  Shorts below 69.30 with targets at 68.10 and 67.35 in extension. Alternative scenario: Above 69.30 look for further upside with 70.05 and 70.90 as targets. Comment: Break below support at 69.30 triggered downside acceleration to 67.35. Support and resistance:  70.90 70.05 69.30 68.54 Last 68.10 67.35 67.00

Futures, WTI, Oil

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