Watching WTI closely here; it’s really respecting that $95.879 level as solid support so far. If we see a decisive break and close below that, then my bullish outlook gets immediately invalidated, and I'd be looking for a potential retest of lower demand zones.
I'm seeing similar price action. Curious if you're watching any broader market or geopolitical factors that might influence that support level besides the chart.
Yeah, that $95.879 level has been a real sticky point. I'm curious if you're watching any other indicators for confirmation on a potential break, or if price action alone is enough for your invalidation.
It's interesting you're focused on that specific level. Are you looking at a particular moving average or an old resistance turned support there? I've been watching the macro picture more for WTI lately.
It's interesting how it's held that level. Do you think there's a specific catalyst that's keeping it propped up right now, or more just technical strength?
Ah, the age-old question: 'How long can a number hold its breath before the market decides it's time for a swim?' Good luck with your retest targets; sometimes those demand zones feel less like demand and more like a black hole.