(22 JUNE 2018)Crude Oil (WTI):Further advance.

Further advance. 

 (By Swissquote TRADING CENTRAL)

Pivot (invalidation): 65.80

Our preference

Long positions above 65.80 with targets at 66.95 & 67.35 in extension.

Alternative scenario

Below 65.80 look for further downside with 64.90 & 64.40 as targets.

Comment

The RSI advocates for further advance. Prices are trading above both 20-period and

50-period moving averages.