Crude Oil (WTI) (Z3) Intraday May rise 2.39 % intraday support
Pivot: 84.00
Our preference:
long positions above 84.00 with targets at 86.30 & 87.25 in extension.
Alternative scenario:
below 84.00 look for further downside with 82.90 & 82.05 as targets.
Comment:
the RSI is mixed with a bullish bias.
Our preference:
long positions above 84.00 with targets at 86.30 & 87.25 in extension.
Alternative scenario:
below 84.00 look for further downside with 82.90 & 82.05 as targets.
Comment:
the RSI is mixed with a bullish bias.