(09 December 2020)Crude Oil (WTI) The downside prevails.

(09 December 2020)Crude Oil (WTI) The downside prevails.

9 December 2020, 11:47
Jiming Huang
0
84

oi
Pivot
 (invalidation): 45.80
Our preference
Short positions below 45.80 with targets at 45.15 & 44.80 in extension.
Alternative scenario
Above 45.80 look for further upside with 46.25 & 46.50 as targets.
Comment
The RSI is bearish and calls for further decline

(By Swissquote TRADING CENTRAL)

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