• Crude Oil (WTI) (K6) Intraday: capped by a negative trend line.

    Crude Oil (WTI) (K6) Intraday: capped by a negative trend line.

       
       
      Pivot: 37.25

    Most Likely Scenario: short positions below 37.25 with targets @ 34.50 & 34.00 in extension.

    Alternative scenario: above 37.25 look for further upside with 38.39 & 39.07 as targets.

    Comment: technically the RSI is below its neutrality area at 50.


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