ContributorsTechnical Analysis Crude Oil Consolidation In Place By Swissquote Bank SA - Jul 29 19, 08:04 GMT FacebookTwitterPinterestWhatsAppLinkedinEmailPrint Pivot (invalidation): 56.35 Our preference Short positions below 56.35 with targets at 55.70 & 55.35 in extension. Alternative scenario Above 56.35 look for further upside with 56.70 & 57.00 as targets. Comment The RSI is mixed to bearish.