Crude Oil (WTI) (G19) Intraday: the bias remains bullish.
Pivot: 45.20

Most likely scenario: long positions above 45.20 with targets at 47.50 & 48.40 in extension.

Alternative scenario: below 45.20 look for further downside with 44.10 & 43.50 as targets.

Comment: the RSI is mixed to bullish. The prices are trading around the 20-period moving average.

Leave a Reply