ContributorsTechnical Analysis Crude Oil The Upside Prevails By Swissquote Bank SA - May 18 20, 08:06 GMT FacebookTwitterPinterestWhatsAppLinkedinEmailPrint Pivot (invalidation): 29.50 Our preference Long positions above 29.50 with targets at 31.45 & 32.50 in extension. Alternative scenario Below 29.50 look for further downside with 28.70 & 27.70 as targets. Comment The RSI shows upside momentum.