• Crude Oil (WTI) (M6) Intraday: under pressure.

    Crude Oil (WTI) (M6) Intraday: under pressure.

     
      Pivot: 48.96

    Most Likely Scenario: short positions below 48.96 with targets @ 46.45 & 45.60 in extension.

    Alternative scenario: above 48.96 look for further upside with 49.58 & 50.15 as targets.

    Comment: the RSI is capped by a bearish trend line.

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