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TMby u/taylor_m·11hAnalysis

WTI crude approaching previous support turned resistance

Watching $WTI crude as it approaches the $78-79/bbl area. This zone acted as pretty solid support throughout late Q1 and early Q2, so it's reasonable to expect some reaction there now that we're coming at it from underneath. A clear move and sustained close above $79.50/bbl would likely invalidate this resistance scenario for me, suggesting a potential retest of the $82-83 range. Until then, I'm cautious about any significant upward momentum.

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FEu/felixnilsson·10h

I'm seeing similar on $CL_F. The $78-79 zone is definitely a key area to watch for a reaction. Interesting to see if it holds or if we push through.

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