ContributorsTechnical Analysis Crude Oil: Target 38.50 By Swissquote Bank SA - Sep 23 20, 08:13 GMT FacebookTwitterPinterestWhatsAppLinkedinEmailPrint Pivot (invalidation): 40.00 Our preference Short positions below 40.00 with targets at 38.85 & 38.50 in extension. Alternative scenario Above 40.00 look for further upside with 40.25 & 40.55 as targets. Comment The RSI calls for a new downleg.