Contributors Technical Analysis Crude Oil 54.75 Expected

Crude Oil 54.75 Expected

Pivot (invalidation): 56.00

Our preference Short positions below 56.00 with targets at 55.15 & 54.75 in extension.

Alternative scenario Above 56.00 look for further upside with 56.55 & 57.05 as targets.

Comment As Long as 56.00 is resistance, expect a return to 55.15.

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