Contributors Technical Analysis Crude Oil Expect 57.80

Crude Oil Expect 57.80

Pivot (invalidation): 58.65

Our preference Short positions below 58.65 with targets at 58.15 & 57.80 in extension.

Alternative scenario Above 58.65 look for further upside with 58.95 & 59.20 as targets.

Comment The RSI calls for a drop.

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