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

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

    Crude Oil
    Pivot: 51.80

    Most Likely Scenario: short positions below 51.80 with targets at 50.65 & 50.30 in extension.

    Alternative scenario: above 51.80 look for further upside with 52.23 & 52.80 as targets.

    Comment: as long as 51.80 is resistance, likely decline to 50.65.

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