• Crude Oil (WTI) (K6) Intraday: key resistance at 37.70.

    Crude Oil (WTI) (K6) Intraday: key resistance at 37.70.

       
      Pivot: 37.70

    Most Likely Scenario: short positions below 37.70 with targets @ 35.40 & 34.50 in extension.

    Alternative scenario: above 37.70 look for further upside with 38.39 & 39.07 as targets.

    Comment: the upward potential is likely to be limited by the resistance at 37.70.


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