Crude Oil (WTI) (X7) Intraday: turning up.


139
Date | 04-10-2017 - 11:17 PM Article Type | Technical Analysis Region | World

Pivot: 50.15

Our preference: long positions above 50.15 with targets at 51.00 & 51.30 in extension.

Alternative scenario: below 50.15 look for further downside with 49.75 & 49.25 as targets.

Comment: the RSI broke above a declining trend line.

Supports and resistances:

51.75

51.30

51.00

50.65 Last

50.15

49.75

49.25

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Author: Heang Sovann
Source: PPS
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