• Crude Oil (WTI) (F7) Intraday: under pressure

    Crude Oil (WTI) (F7) Intraday: under pressure.

    Crude Oil
       

    Crude Oil (WTI) (F7) Intraday: under pressure.

       

    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 is bearish and calls for further downside.

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