Crude Oil WTI Long
Pivot: 88.40
Our preference:
long positions above 88.40 with targets at 89.35 & 90.00 in extension.
Alternative scenario:
below 88.40 look for further downside with 87.80 & 87.20 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Our preference:
long positions above 88.40 with targets at 89.35 & 90.00 in extension.
Alternative scenario:
below 88.40 look for further downside with 87.80 & 87.20 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
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