Contributors Technical Analysis Crude Oil The Bias Remains Bullish

Crude Oil The Bias Remains Bullish

Pivot (invalidation): 40.75

Our preference Long positions above 40.75 with targets at 41.40 & 41.70 in extension.

Alternative scenario Below 40.75 look for further downside with 40.35 & 39.85 as targets.

Comment The RSI is mixed with a bullish bias.

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