ContributorsTechnical Analysis Crude Oil Under Pressure By Swissquote Bank SA - Jan 08 19, 08:32 GMT FacebookTwitterPinterestWhatsAppLinkedinEmailPrint Pivot (invalidation): 49.40 Our preference 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.