• Crude Oil (WTI) (N6) Intraday: under pressure.


      Crude Oil (WTI) (N6) Intraday: under pressure.

       
      Pivot: 49.30

    Most Likely Scenario: short positions below 49.30 with targets @ 47.76 & 47.50 in extension.

    Alternative scenario: above 49.30 look for further upside with 50.00 & 50.35 as targets.

    Comment: the RSI lacks upward momentum.

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