Crude Oil (WTI) (N6) Intraday: the downside prevails.

10 June 2016, 14:07
Mohammad Soubra
0
60
Crude Oil (WTI) (N6) Intraday: the downside prevails.
 
 
  
 Pivot: 50.86

Most Likely Scenario: short positions below 50.86 with targets @ 49.40 & 48.75 in extension.

Alternative scenario: above 50.86 look for further upside with 51.65 & 52.25 as targets.

Comment: the RSI broke below a rising trend line.

  
 
 
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