Contributors Technical Analysis Crude Oil Turning Down

Crude Oil Turning Down

Pivot (invalidation): 52.60

Our preference Short positions below 52.60 with targets at 51.70 & 51.30 in extension.

Alternative scenario Above 52.60 look for further upside with 53.00 & 53.40 as targets.

Comment The RSI shows downside momentum.

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version