(12 October 2020)Crude Oil (WTI) Key resistance at 40.65.

Pivot
 (invalidation): 40.65
Our preference
Short positions below 40.65 with targets at 39.95 & 39.75 in extension.
Alternative scenario
Above 40.65 look for further upside with 41.00 & 41.40 as targets.
Comment
The RSI has just struck against its neutrality area at 50% and is reversing down.

(By Swissquote TRADING CENTRAL)