• Crude Oil (WTI) (K6) Intraday: bullish bias above 37.42.

    Crude Oil (WTI) (K6) Intraday: bullish bias above 37.42.  

       
      Pivot: 37.42

    Most Likely Scenario: long positions above 37.42 with targets @ 38.39 & 39.00 in extension.

    Alternative scenario: below 37.42 look for further downside with 37.16 & 36.50 as targets.

    Comment: a support base at 37.42 has formed and has allowed for a temporary stabilisation.


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