Pivot (invalidation): 54.10
Our preference Short positions below 54.10 with targets at 52.80 & 52.00 in extension.
Alternative scenario Above 54.10 look for further upside with 54.80 & 55.30 as targets.
Comment A break below 52.80 would trigger a drop towards 52.00. Crude Oil validated a bearish breakout of triangle pattern.
