• Crude Oil (WTI) (K6) Intraday: the downside prevails.

    Crude Oil (WTI) (K6) Intraday: the downside prevails.

       
      Pivot: 40.40

    Most Likely Scenario: short positions below 40.40 with targets @ 39.10 & 38.74 in extension.

    Alternative scenario: above 40.40 look for further upside with 40.82 & 41.28 as targets.

    Comment: the upward potential is likely to be limited by the resistance at 40.40.



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