WTI Crude hit our short entry support targets, ending yesterday’s session at its lowest in nearly four weeks, weighed down by a stronger greenback and increased jitters after global equities registered significant losses that were led by a rout in tech stocks. All eyes today on the payroll data and Baker Hughes rig count out of the U.S.
Support: 41.50 / 41 / 40.50
Resistance: 42.50/ 43.50
