Crude Oil: Choppy

Pivot (invalidation): 41.50

Our preference Short positions below 41.50 with targets at 41.10 & 40.85 in extension.

Alternative scenario Above 41.50 look for further upside with 41.70 & 41.90 as targets.

Comment As Long as 41.50 is resistance, look for choppy price action with a bearish bias.

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