Analysis

WTI Crude holding the buying opportunity at 7220/10

WTI Crude November contract

WTI Crude holding the buying opportunity at 7220/10. Try longs with stops below 7180. A break lower targets 7150/45 then below 7125 risks a slide as far as good support at 7075/65.

Holding 7220/10 allows a recovery to 7300/10 & 7350/60. Strong resistance at 7390/7400 is a selling opportunity with stops above 7440.

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