|Crude Oil (WTI) (F19) Intraday: under pressure.|
Most likely scenario: short positions below 49.85 with targets at 48.60 & 48.00 in extension.
Alternative scenario: above 49.85 look for further upside with 50.50 & 51.00 as targets.
Comment: the RSI has broken down its 30 level. The prices are capped by the descending 20-period moving average.