(07 SEPTEMBER 2018)Crude Oil (WTI):The downside prevails.

(07 SEPTEMBER 2018)Crude Oil (WTI):The downside prevails.

7 September 2018, 09:20
Jiming Huang
0
74

oil

Pivot (invalidation): 68.40

Our preference

Short positions below 68.40 with targets at 67.50 & 67.00 in extension.

Alternative scenario

Above 68.40 look for further upside with 69.00 & 69.50 as targets.

Comment

The RSI advocates for further decline.

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