• Crude Oil (WTI) (F7) Intraday: the downside prevails.

    Crude Oil (WTI) (F7) Intraday: the downside prevails.

       
         
          Pivot: 51.60

    Most Likely Scenario: short positions below 51.60 with targets at 49.65 & 48.80 in extension.

    Alternative scenario: above 51.60 look for further upside with 52.40 & 53.10 as targets.

    Comment: the RSI broke below a rising trend line.


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