WTI Crude continues to trade between $40/$41 support/resistance levels as investors continue to weigh vaccine optimism over surging Covid-19 cases. Stronger than expected industrial production data released early today out of China, and a major trade pact signed by Asian-Pacific countries through the weekend should keep the bulls in control, with $40 key support level to hold, targeting $42 resistance.
Support: 40 / 39.27
Resistance: 41 / 42
