(22 MARCH 2019)Crude Oil (WTI):Look for 59.00.

(22 MARCH 2019)Crude Oil (WTI):Look for 59.00.

22 March 2019, 09:15
Jiming Huang
0
100

oi

Pivot (invalidation): 60.25

Our preference

Short positions below 60.25 with targets at 59.55 & 59.00 in extension.

Alternative scenario

Above 60.25 look for further upside with 60.65 & 60.95 as targets.

Comment

A break below 59.55 would trigger a drop towards 59.00.

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