CLSK Forex Analysis for Today, Wednesday (10-01-2024)
OIL at Resistance, Bearish Engulfing Emerges: SELL!
Daily Analysis of CLSK
The Red Sea Situation Continues to Impact Oil Prices
The unsettled conditions in the Red Sea continue to influence oil prices as there’s a potential disruption in the crude oil supply routes within that area.
Bearish Engulfing Pattern at Resistance Area
There’s a bearish engulfing pattern at the resistance area.
Conclusion: WEAK OIL
Resistance
- R1 73.00
- R2 71.50
- R3 73.50
- R4 74.00
Support
- S1 72.50
- S2 73.25
- S3 71.75
- S4 71.25
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