Contributors Technical Analysis Crude Oil Expect 57.35

Crude Oil Expect 57.35

Pivot (invalidation): 58.80

Our preference Short positions below 58.80 with targets at 58.00 & 57.35 in extension.

Alternative scenario Above 58.80 look for further upside with 59.45 & 60.30 as targets.

Comment Technically the RSI is below its neutrality area at 50.

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