- US crude barrels continue to collapse, pinning into a low of 45.83 on Tuesday, and the early overnight session for Wednesday sees oil prices gearing up for another run into intraday lows.
WTI, 5-Minute
- Energies markets have given up on oil barrels, allowing crude to tumble into alarming lows, and even a recovery of the 61.8% Fibo retracement at the $50 major price level for WTI would still see US crude in bearish territory.
WTI, 30-Minute
- Tuesday's bottom represents a 17-month low for WTI, and crude's acceleration out of consolidation from 49.50 into the downside sees US barrels set for further declines.
WTI, 4-Hour
WTI
Overview:
Today Last Price: 46.83
Today Daily change: 56 pips
Today Daily change %: 1.21%
Today Daily Open: 46.27
Trends:
Previous Daily SMA20: 51.41
Previous Daily SMA50: 57.35
Previous Daily SMA100: 64.1
Previous Daily SMA200: 66.46
Levels:
Previous Daily High: 49.92
Previous Daily Low: 46.14
Previous Weekly High: 53.48
Previous Weekly Low: 50.57
Previous Monthly High: 63.92
Previous Monthly Low: 49.64
Previous Daily Fibonacci 38.2%: 47.58
Previous Daily Fibonacci 61.8%: 48.48
Previous Daily Pivot Point S1: 44.97
Previous Daily Pivot Point S2: 43.66
Previous Daily Pivot Point S3: 41.19
Previous Daily Pivot Point R1: 48.75
Previous Daily Pivot Point R2: 51.22
Previous Daily Pivot Point R3: 52.53
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