Crude Oil (WTI) (F19) Intraday: under pressure. |
Pivot: 51.60
Most likely scenario: short positions below 51.60 with targets at 49.90 & 49.00 in extension. Alternative scenario: above 51.60 look for further upside with 52.80 & 53.55 as targets. Comment: the RSI is mixed to bearish. The prices are trading around the 20-period moving average. |
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