Crude Oil (WTI) (Z3) Intraday May fall -2.62 %
Pivot: 77.40
Our preference:
short positions below 77.40 with targets at 75.20 & 74.00 in extension.
Alternative scenario:
above 77.40 look for further upside with 78.10 & 78.70 as targets.
Comment:
the RSI calls for a new downleg.
Our preference:
short positions below 77.40 with targets at 75.20 & 74.00 in extension.
Alternative scenario:
above 77.40 look for further upside with 78.10 & 78.70 as targets.
Comment:
the RSI calls for a new downleg.
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