Contributors Technical Analysis Crude Oil Consolidation In Place

Crude Oil Consolidation In Place

Pivot (invalidation): 58.15

Our preference Short positions below 58.15 with targets at 57.65 & 57.35 in extension.

Alternative scenario Above 58.15 look for further upside with 58.65 & 59.20 as targets.

Comment As Long as 58.15 is resistance, expect a return to 57.65.

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