• Crude Oil (WTI) (Q6) Intraday: under pressure

      Pivot: 45.75

    Most Likely Scenario: short positions below 45.75 with targets @ 44.55 & 43.85 in extension.

    Alternative scenario: above 45.75 look for further upside with 46.30 & 46.90 as targets.

    Comment: the RSI broke below a rising trend line. Additionally, the declining 50-period moving average acts as a resistance role.

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