|Crude Oil (WTI) (G19) Intraday: further advance.|
Most likely scenario: long positions above 44.90 with targets at 47.00 & 47.50 in extension.
Alternative scenario: below 44.90 look for further downside with 44.35 & 43.50 as targets.
Comment: the RSI shows upside momentum. Crude Oil is striking the upper boundary of Bollinger Bands, calling for the upward acceleration.