Contributors Technical Analysis Crude Oil: The Bias Remains Bullish

Crude Oil: The Bias Remains Bullish

Pivot (invalidation): 45.60

Our preference Long positions above 45.60 with targets at 46.65 & 47.05 in extension.

Alternative scenario Below 45.60 look for further downside with 45.05 & 44.65 as targets.

Comment The immediate trend remains up but the momentum is weak.

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