WTI Crude oil (CL), Futures market
Wednesday forecast, June 24
Uptrend
An uptrend will start as soon, as the WTI Crude oil rises above resistance level 40.45, which will be followed by moving up to resistance level 41.65.
Downtrend
The downtrend may be expected to continue, while WTI Crude oil is trading below resistance level 40.45, which will be followed by reaching support level 39.06 - 38.51.
Weekly forecast, June 22 - 26
Uptrend
The uptrend may be expected to continue in case the market rises above resistance level 40.60, which will be followed by reaching resistance level 41.65 - 42.30.
Downtrend
A downtrend will start as soon, as WTI Crude oil drops below support level 39.06, which will be followed by moving down to support level 34.35.
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