(03 February 2020)Crude Oil (WTI) The downside prevails.

(03 February 2020)Crude Oil (WTI) The downside prevails.

3 February 2020, 09:15
Jiming Huang
0
74

oi
Pivot
 (invalidation): 51.75
Our preference
Short positions below 51.75 with targets at 50.80 & 50.40 in extension.
Alternative scenario
Above 51.75 look for further upside with 52.20 & 52.75 as targets.
Comment
A break below 50.80 would trigger a drop towards 50.40.

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