Contributors Technical Analysis Crude Oil 51.05 Expected

Crude Oil 51.05 Expected

Pivot (invalidation): 52.35

Our preference Short positions below 52.35 with targets at 51.35 & 51.05 in extension.

Alternative scenario Above 52.35 look for further upside with 52.85 & 53.25 as targets.

Comment As Long as 52.35 is resistance, likely decline to 51.35.

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