• Crude Oil (WTI) (F7) Intraday: rebound expected.

    Crude Oil (WTI) (F7) Intraday: rebound expected.

    Pivot: 47.90

    Most Likely Scenario: long positions above 47.90 with targets at 49.79 & 50.22 in extension.

    Alternative scenario: below 47.90 look for further downside with 47.15 & 46.38 as targets.

    Comment: a support base at 47.90 has formed and has allowed for a temporary stabilisation.


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