WTI Crude Oil Holds Strong Support at 8000/7950; S&P 500 Bulls Remain in Control

From Investing.com: 2024-03-26 04:39:00

WTI Crude MAY Future saw a strong rally, hitting targets of 8180/8200 almost reaching 8255/75. Further gains expected in the 4-month bull trend, with next target at 8370/90. Support at 8140/8110, with stops below 8070. Emini S&P June Future shows bulls in control, targeting 5221/24 and 5338/42. Buy on dips strategy still valid, with support at 5245/35 and strong support at 5195/85 for the week. Stop below 5170 for long positions.



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