Contributors Technical Analysis Crude Oil The Bias Remains Bullish

Crude Oil The Bias Remains Bullish

Pivot (invalidation): 50.90

Our preference Long positions above 50.90 with targets at 51.95 & 52.20 in extension.

Alternative scenario Below 50.90 look for further downside with 50.60 & 50.20 as targets.

Comment The RSI is mixed to bullish.

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