Contributors Technical Analysis Crude Oil Consolidation In Place

Crude Oil Consolidation In Place

Pivot (invalidation): 32.90

Our preference Short positions below 32.90 with targets at 30.40 & 29.50 in extension.

Alternative scenario Above 32.90 look for further upside with 34.30 & 35.30 as targets.

Comment The RSI advocates for further decline.

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