• Crude Oil (WTI) (H7) Intraday: the downside prevails.

    Crude Oil (WTI) (H7) Intraday: the downside prevails.

    Crude Oil (WTI) (H7) Intraday: the downside prevails.
    Pivot: 52.80

    Most Likely Scenario: short positions below 52.80 with targets at 52.06 & 51.80 in extension.

    Alternative scenario: above 52.80 look for further upside with 53.05 & 53.25 as targets.

    Comment: technically the RSI is below its neutrality area at 50.

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