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Crude Oil Futures WTI (CL1!)

CL1! Will Go Lower From Resistance! Sell! Please, check our technical outlook for CL1!. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 73.13. Taking into consideration the structure & trend analysis, I believe that the market will reach 69.52 level soon. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
NYMEX:CL1!Short
by SignalProvider
3
WTI Light Sweet Crude Oil, 5/26/23For Friday, 70.22 - 70.21 can contain selling through next week, above which 75.13 remains a 3 - 5 day target, the next 3 - 5 weeks allowing 83.67 long-term resistance.   Upside Friday, 73.13 can contain intraday strength, beyond which 75.13 is attainable intraday and able to contain session strength.   A settlement today above 75.13 signals 77.35 within several more days, the targeted 83.67 within 2 - 3 more weeks.   Downside Friday, closing below 70.22 pivots the market south into later June, 62.14 long-term support then likely within 3 - 5 weeks.
NYMEX:CL1!
by SpecialeAnalysis
WTI Light Sweet Crude Oil, 5/25/23For Thursday, 70.13 - 70.61 can contain selling through the balance of May, above which 74.84 remains a 3 - 5 day target, the next 3 - 5 weeks allowing 83.67 long-term resistance.   Upside Thursday, 74.84 can contain session strength, while closing today above 74.84 signals 77.35 within several more days, the targeted 83.67 within 2 - 3 more weeks.   Downside Thursday, closing below 70.13 pivots the market south into June, 62.14 long-term support then likely by the end of June.
NYMEX:CL1!
by SpecialeAnalysis
WTI Light Sweet Crude Oil, 5/24/23For Wednesday, 71.00 can contain selling through the balance of May, above which 74.58 remains a 3 - 5 day target, the next 3 - 5 weeks allowing 83.67 long-term resistance.   Upside Wednesday, 73.41 can contain intraday strength, beyond which 74.58 is likely and able to contain session strength.   A settlement today above 74.58 signals 77.35 within several more days, able to contain buying into later next week and the point to settle above for then yielding the more meaningful 83.67 within 2 - 3 more weeks.   Downside Wednesday, closing below 71.00 signals 70.02 tomorrow, where the market can place a weekly low and the point to settle below for indicating 62.14 within 3 - 5 more weeks.
NYMEX:CL1!
by SpecialeAnalysis
CL1! Will Go Up From Support! Long! Please, check our technical outlook for CL1!. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 72.77. Taking into consideration the structure & trend analysis, I believe that the market will reach 76.39 level soon. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
NYMEX:CL1!Long
by SignalProvider
6
WTI Light Sweet Crude Oil, 5/23/23For Tuesday, 71.40 can contain selling through the balance of May, above which 74.32 remains a 3 - 5 day target, the next 3 - 5 weeks allowing 83.67 long-term resistance.   Upside Tuesday, 73.41 can contain intraday strength, beyond which 74.32 is attainable intraday and able to contain session strength.   A settlement today above 74.32 signal 77.35 within several more days, able to contain buying into next week and the point to settle above for then yielding the more meaningful 83.67 within 2 - 3 more weeks.   Downside Tuesday, breaking/opening below 71.40 allows 70.02, while closing today below 71.40 will keep 69.19 in reach over the next several days, where the market can place a weekly low and the point to settle below for indicating 62.14 within 3 - 5 more weeks.
NYMEX:CL1!
by SpecialeAnalysis
CL1! Will Explode! BUY! My dear friends , I analysed this chart on CL1!, and concluded the following: The asset is approaching an important pivot point 72.40 Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Goal - 76.49 My Stop Loss - 70.08 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
NYMEX:CL1!Long
by AnabelSignals
15
WTI Light Sweet Crude Oil, 5/19/23For Friday, 72.33 can contain buying through next week, below which 68.77 is likely over that time horizon, possibly yielding 62.14 by the end of June.   Downside Friday, 71.69 can contain intraday weakness, below which 69.84 is attainable intraday and able to contain session weakness.   Closing today below 69.84 signals 68.77 on Monday, where the market can bottom out into later next week and the point to settle below for then indicating 62.14 within 2 - 3 weeks.   Upside Friday, pushing/opening above 72.33 allows 75.93, while closing today above 72.33 indicates 82.92 within 2 - 3 weeks, the start of a range of long-term resistance up to 84.41 able to contain buying into later summer.
NYMEX:CL1!
by SpecialeAnalysis
CL1! The Target Is UP! BUY! My dear subscribers , I analysed this chart on CL1!, and concluded the following: The asset is approaching an important pivot point 71.88 Bias - Bearish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 74.53 My Stop Loss - 70.16 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
NYMEX:CL1!Long
by AnabelSignals
21
WTI Light Sweet Crude Oil, 5/18/23For Thursday, 72.74 can contain weekly buying pressures, below which 68.77 is likely by the end of next week, possibly yielding 62.14 within 3 - 5 weeks.   Downside Thursday, 71.69 can contain intraday weakness, below which 69.84 is attainable intraday and able to contain session weakness.   Closing today below 69.84 signal 68.77 tomorrow, where the market can bottom out into later next week and the point to settle below for then indicating 62.14 within 2 - 3 weeks.   Upside Thursday, pushing/opening above 72.74 allows 75.93, while closing today above 72.74 indicates 82.95 within 2 - 3 weeks, the start of a range of long-term resistance up to 84.41 able to contain buying into later summer.
NYMEX:CL1!
by SpecialeAnalysis
WTI Light Sweet Crude Oil, 5/17/23For Wednesday, both 72.18 and 69.84 can firmly contain intraday activity, beyond which the next notable level is expected intraday.   Upside, pushing/opening above 72.18 signals 73.16, able to contain weekly buying pressures, once tested 68.77 attainable within a full week of activity, possibly yielding 62.14 within 3 - 5 weeks.   On the other hand, a daily settlement above 73.16 indicates 82.97 within 2 - 3 weeks, the start of a range of long-term resistance up to 84.41 able to contain buying into later summer.   Downside Wednesday, breaking/opening below 69.84 signals 68.77, able to contain selling through the balance of the week, and the level to settle below for then indicating 62.14 within 2 - 3 weeks.
NYMEX:CL1!
by SpecialeAnalysis