• Crude Oil (WTI) (J7) Intraday: bullish bias above 52.95.

    Crude Oil (WTI) (J7) Intraday: bullish bias above 52.95.

    Pivot: 52.95

    Most Likely Scenario: long positions above 52.95 with targets at 53.52 & 53.80 in extension.

    Alternative scenario: below 52.95 look for further downside with 52.60 & 52.30 as targets.

    Comment: the RSI is mixed with a bullish bias.

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