(04 September 2020)Crude Oil (WTI) Expect 40.20.

(04 September 2020)Crude Oil (WTI) Expect 40.20.

4 September 2020, 09:18
Jiming Huang
0
88

oi
Pivot
 (invalidation): 41.50
Our preference
Short positions below 41.50 with targets at 40.65 & 40.20 in extension.
Alternative scenario
Above 41.50 look for further upside with 41.80 & 42.10 as targets.
Comment
The RSI has just struck against its neutrality area at 50% and is reversing down.

(By Swissquote TRADING CENTRAL)


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