• Crude Oil (WTI) (M6) Intraday: rebound expected.

    Crude Oil (WTI) (M6) Intraday: rebound expected.

     
      Pivot: 47.52

    Most Likely Scenario: long positions above 47.52 with targets @ 48.97 & 49.58 in extension.

    Alternative scenario: below 47.52 look for further downside with 46.72 & 46.20 as targets.

    Comment: the RSI broke above a declining trend line.


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