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WTI finds resistance ahead of $73.00

OIL
  • WTI fails to break back above $73.00, printed a $72.86 high today.
  • The contract has just seen two ways swing action so far this year, has been up and down every single session with a lack of clear directions, while still trading in that wide $69.28/$74.24 (low/High) 2024 range.
  • Most investors will look at this wide $4.96 range for initial support/Resistance.

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