• Crude Oil (WTI) (Q6) Intraday: capped by a negative trend line.

    Crude Oil (WTI) (Q6) Intraday: capped by a negative trend line.

       
      Pivot: 45.50

    Most Likely Scenario: short positions below 45.50 with targets @ 44.55 & 43.85 in extension.

    Alternative scenario: above 45.50 look for further upside with 45.75 & 46.30 as targets.

    Comment: a break below 44.55 would trigger a drop towards 43.85.

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