• Crude Oil (WTI) (J7) Intraday: rebound.

    Crude Oil (WTI) (J7) Intraday: rebound.


    Pivot: 48.05

    Most Likely Scenario: long positions above 48.05 with targets at 48.60 & 48.92 in extension.

    Alternative scenario: below 48.05 look for further downside with 47.70 & 47.35 as targets.

    Comment: the RSI broke above a declining trend line.

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