Crude Oil (WTI) (J6) Intraday: bullish bias above 31.20.
Crude Oil

Crude Oil (WTI) (J6) Intraday: bullish bias above 31.20.

26 February 2016, 09:25
Mohammed Abdulwadud Soubra
Mohammed Abdulwadud Soubra
0
126

Crude Oil (WTI) (J6) Intraday: bullish bias above 31.20.

 

  
 Pivot: 31.20

Most Likely Scenario: long positions above 31.20 with targets @ 33.55 & 34.20 in extension.

Alternative scenario: below 31.20 look for further downside with 30.50 & 29.80 as targets.

Comment: the RSI is mixed to bullish.