(10 DECEMBER 2018)Crude Oil (WTI):Further advance.

(10 DECEMBER 2018)Crude Oil (WTI):Further advance.

10 December 2018, 09:01
Jiming Huang
0
85

uil

Pivot (invalidation): 52.00

Our preference

Long positions above 52.00 with targets at 52.90 & 53.40 in extension.

Alternative scenario

Below 52.00 look for further downside with 51.50 & 50.80 as targets.

Comment

A support base at 52.00 has formed and has allowed for a temporary stabilisation

(By Swissquote TRADING CENTRAL) 

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