• Crude Oil (WTI) (K7) Intraday: under pressure.

    Crude Oil (WTI) (K7) Intraday: under pressure.

    Crude Oil

    Crude Oil (WTI) (K7) Intraday: under pressure.

       

         
          Pivot: 48.25

    Most Likely Scenario: short positions below 48.25 with targets at 47.70 & 47.46 in extension.

    Alternative scenario: above 48.25 look for further upside with 48.46 & 48.67 as targets.

    Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited

  • You might also like