(22 JULY 2019)Crude Oil (WTI):Target 57.30.

(22 JULY 2019)Crude Oil (WTI):Target 57.30.

22 July 2019, 09:19
Jiming Huang


Pivot (invalidation): 55.50

Our preference

Long positions above 55.50 with targets at 56.80 & 57.30 in extension.

Alternative scenario

Below 55.50 look for further downside with 55.00 & 54.70 as targets.


The RSI calls for a rebound.


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