(27 MAY 2020)Crude Oil (WTI) The bias remains bullish.

(27 MAY 2020)Crude Oil (WTI) The bias remains bullish.

27 May 2020, 09:23
Jiming Huang
0
80

oi
Pivot
 (invalidation): 33.40
Our preference
Long positions above 33.40 with targets at 34.80 & 35.35 in extension.
Alternative scenario
Below 33.40 look for further downside with 32.95 & 32.45 as targets.
Comment
A support base at 33.40 has formed and has allowed for a temporary stabilisation

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