(15 January 2020)Crude Oil (WTI) Look for 57.20.

(15 January 2020)Crude Oil (WTI) Look for 57.20.

15 January 2020, 09:08
Jiming Huang
0
86

oi
Pivot
 (invalidation): 58.70
Our preference
Short positions below 58.70 with targets at 57.70 & 57.20 in extension.
Alternative scenario
Above 58.70 look for further upside with 59.20 & 59.75 as targets.
Comment
The RSI is mixed with a bearish bias.

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