• Crude Oil (WTI) (K7) Intraday: bullish bias above 47.33.

    Crude Oil (WTI) (K7) Intraday: bullish bias above 47.33.



    Pivot: 47.33

    Most Likely Scenario: long positions above 47.33 with targets at 47.97 & 48.28 in extension.

    Alternative scenario: below 47.33 look for further downside with 47.00 & 46.75 as targets.

    Comment: a support base at 47.33 has formed and has allowed for a temporary stabilisation.


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