Light Crude Oil Futures
Updated

WTI Crude oil - front expiration

320
The target of our previous analysis has been reached.

Our current position's delta: -0.06

Scenario: we consider wave4 closed, even if the price could experience further upward acceleration till area $79.50/$80. We will follow the market, rebalancing the delta if necessary, waiting the signal of the beginning of wave5.

Note
Our current position's delta: -0.20
Overview: Waiting for the API data, with a possible downward acceleration.
First target: $77/$76.80
Rebalancing level: on yesterday's high.
Note
Our current position's delta: 0.10
Upon reaching the 78.50 we rebalance the position's delta.

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