WTI CRUDE $147?

WTI crude looks strong after clearing and maintaining strength above the ichimoku cloud SSSA lines on both the week and month charts. Short term long signal at $77 on 030122 targets the old week highs and a multiple time frame UPTREND may support higher highs moving forward.

Long Term UPTREND since 010221

Medium Term UPTREND since 010620

Short term UPTREND since 031222

PIVOT 76.35

Long positions above 76.35 targets 87.28 and 114

Short positions below 76.35 targets 73.35 and 50.52