Crude Oil (WTI) (G19) Intraday: the downside prevails.
Pivot: 49.40

Most likely scenario: short positions below 49.40 with targets at 48.35 & 47.60 in extension.

Alternative scenario: above 49.40 look for further upside with 49.80 & 50.70 as targets.

Comment: the RSI is mixed to bearish. The prices are capped by the descending 20-period moving average.

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