Crude Oil (WTI) (K5) Intraday: the upside prevails. Pivot: 49.5 Our preference: Long positions above 49.5 with targets @ 53.5 & 54.8 in extension. Alternative scenario: Below 49.5 look for further downside with 48.2 & 47 as targets. Comment: The immediate trend remains up and the momentum is strong. Opinion published is an intraday view. […]
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