(03 SEPTEMBER 2018)Crude Oil (WTI):Under pressure.

(03 SEPTEMBER 2018)Crude Oil (WTI):Under pressure.

3 September 2018, 09:48
Jiming Huang
0
94

oil

Pivot (invalidation): 70.00

Our preference

Short positions below 70.00 with targets at 69.35 & 68.95 in extension.

Alternative scenario

Above 70.00 look for further upside with 70.50 & 70.95 as targets.

Comment

The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL) 

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