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Tactical Strategies - Next Brent Resistance

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Michael Ragazzo
By :  ,  Director - Institutional Sales
Oct 7, 2024

Tactical Strategies - Next Brent Resistance

 
  • Michael Ragazzo
  • Director - Institutional Sales • Professional Trading Group

  • [email protected]

Continuation Chart in Brent: the 50 month average (blue line at 81.10) is a key area of resistance. The last 3 month end new settlements over this average (purple vertical lines) attract ted longer term technical buying interest.

image-20241007115415-1

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