(03 September 2020)Crude Oil (WTI) Look for 40.90.

(03 September 2020)Crude Oil (WTI) Look for 40.90.

3 September 2020, 09:04
Jiming Huang
0
101

oi
Pivot
 (invalidation): 42.00
Our preference
Short positions below 42.00 with targets at 41.20 & 40.90 in extension.
Alternative scenario
Above 42.00 look for further upside with 42.35 & 42.75 as targets.
Comment
As Long as the resistance at 42.00 is not surpassed, the risk of the break below 41.20 remains
high.

(By Swissquote TRADING CENTRAL)


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