Crude Oil 1 Hour Trend Update 29-05-2020 16:00:02 by Spider Signals Call Now 9389717003 / 6399968940

At 29-05-2020 16:00:02 Crude Oil trading at 2473 with high of 2493 and low of 2450

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In 1 Hour Crude Oil Chart as per Spider Signals AI Trend we can see the trend is Bearish

The Crude Oil RSI (Relative strength index) 14 is trading at Range and value is 45.5

The Crude Oil CCI (Commodity Channel index) 14 is trading at Range and value is -75.8

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In 1 Hour chart Crude Oil price continues to trade at 2473 and below the (Spider Signals AI Trend ) with value of 2507.79 and keeps its stability below until now, while 1 Hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our view Bearish

However, if Crude Oil continues to trade below 2507.79 level, that could be an extraordinarily Bearish sign for Crude Oil

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The expected trading range for Crude Oil today is between 2434.33 support and 2649.33 resistance.

Pivot (invalidation): 2514.67

Today Crude Oil Support & Resistance Levels by Spider Signals

Crude Oil Pivot / Support / Resistance Values
Crude Oil Pivot 2514.67
Crude Oil Support 1 2434.33
Crude Oil Support 2 2299.67
Crude Oil Support 3 2219.33
Crude Oil Resistance 1 2649.33
Crude Oil Resistance 2 2729.67
Crude Oil Resistance 3 2864.33

Today till now @ 29-05-2020 16:00:02 Crude Oil trading at 2473 with high of 2530 and low of 2450

Yesterday Crude Oil Closed at 2569 with low of 2380 and High of 2595

This report is published by www.spidersignals.com using AI & Deep learning analysis

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