From TradingView · · 40s
WTI Crude Oil Breaks 101.4
WTI crude oil rises 4% to 101.4, targeting September high of 106.75.
In brief
WTI crude oil rises 4% to 101.4, targeting September high of 106.75. WTI crude oil broke 101.4, the 19 October high, and is expected to reach 106.75, the September high. Originally reported by TradingView.
WTI Crude Oil Rises
WTI crude oil rose 4% today, trading around 103.30 with a high of 103.30.
Breaking 19 October High
WTI broke through the 19 October high at 101.37, now expected to target 106.75.
Key Levels for WTI
101.37: 19 October high (support), 106.75: September high (resistance), yellow trendline: potential reversal point.
The headline
WTI crude oil broke 101.4, the 19 October high, and is expected to reach 106.75, the September high.
