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Friday, May 14, 2021

🌐 Crude Oil: decline started without reaching market maker loss

🌐 Crude Oil: decline started without reaching market maker loss

WTI CRUDE OIL TVC:USOIL

❗️ Marketmaker loss level (66.74) has not been reached in the past 24 hours.
Downside gains of $13.7 million further strengthen the consolidation below the balance of the week (64.00).
✍️ The main scenario for today is a successful premium test of the hedger support zone (63.36) and a subsequent rise to the balance of the week (64.00) and hedger resistance zone (64.35).
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