(17 JULY 2019)Crude Oil (WTI):Expect 56.45.

(17 JULY 2019)Crude Oil (WTI):Expect 56.45.

17 July 2019, 09:11
Jiming Huang


Pivot (invalidation): 58.20

Our preference

Short positions below 58.20 with targets at 57.10 & 56.45 in extension.

Alternative scenario

Above 58.20 look for further upside with 58.90 & 59.25 as targets.


The RSI is bearish and calls for further downside.


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