CRUDE OIL

Crude Oil (WTI) (V18) Intraday: the upside prevails.
Pivot: 69.20

Most likely scenario: long positions above 69.20 with targets at 70.15 & 70.80 in extension.

Alternative scenario: below 69.20 look for further downside with 68.50 & 67.90 as targets.

Comment: the RSI lacks downward momentum. The prices jumped after breaking above a declining trend line.

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