(01 OCTOBER 2018)Crude Oil (WTI):Under pressure.

(01 OCTOBER 2018)Crude Oil (WTI):Under pressure.

1 October 2018, 09:37
Jiming Huang
0
54

oil

Pivot (invalidation): 69.00

Our preference

Short positions below 69.00 with targets at 68.10 & 67.80 in extension.

Alternative scenario

Above 69.00 look for further upside with 69.30 & 69.65 as targets.

Comment

The RSI is mixed to bearish.

(By Swissquote TRADING CENTRAL)