Contributors Technical Analysis Crude Oil: Bullish Bias Above 39.65

Crude Oil: Bullish Bias Above 39.65

Pivot (invalidation): 39.65

Our preference Long positions above 39.65 with targets at 40.45 & 40.70 in extension.

Alternative scenario Below 39.65 look for further downside with 39.40 & 39.00 as targets.

Comment Intraday technical indicators are mixed.

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