Contributors Technical Analysis Crude Oil Capped By A Negative Trend Line

Crude Oil Capped By A Negative Trend Line

Pivot (invalidation): 23.45

Our preference Short positions below 23.45 with targets at 22.40 & 21.80 in extension.

Alternative scenario Above 23.45 look for further upside with 24.20 & 24.65 as targets.

Comment A break below 22.40 would trigger a drop towards 21.80.

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