WTI Crude November future
Last session low & high: 6125- 6287
(To compare the spread with the contract that you trade).
WTI Crude hit the sell opportunity at 6260/80 & shorts worked perfectly as prices collapsed from 6292 to minor support at 6200/6170 but we continue lower to 6125.
Holding below minor resistance at 6170/6200 keeps pressure to the downside today targeting 6110/6100 & 6080/70 before a retest of the October low at 6042
Another sell opportunity at 6260/80 & shorts need stops above 6305.