• Crude Oil (WTI) (F7) Intraday: consolidation.

    Crude Oil (WTI) (F7) Intraday: consolidation.

    Crude Oil

    Pivot: 53.45


    Most Likely Scenario: short positions below 53.45 with targets at 51.90 & 51.20 in extension.



    Alternative scenario: above 53.45 look for further upside with 54.00 & 54.50 as targets.



    Comment: the RSI lacks upward momentum.

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