• Crude Oil (WTI) (F7) Intraday: key resistance at 52.70.

    Crude Oil (WTI) (F7) Intraday: key resistance at 52.70.

    Crude Oil

    Pivot: 52.70

    Most Likely Scenario: short positions below 52.70 with targets at 51.80 & 51.50 in extension.

    Alternative scenario: above 52.70 look for further upside with 53.15 & 53.65 as targets.

    Comment: the RSI lacks upward momentum.

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