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WTI Crude Bears Could Regain Control This Week

Published 05/19/2019, 06:54 AM
Updated 07/09/2023, 06:31 AM

WTI Crude Daily Forecast - May 20, 2019

WTI Crude

WTI Crude bears could take back control this week. Minor support at 6275/55 but below here targets 6210/00 and minor support at 6160/40. Further losses test the best support this week at 6090/70. A break below 6060 is a sell signal.

First resistance at last week's high of 6335/65. A break higher targets 6400/10, perhaps as far as 6465/75.

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