(31 JULY 2020)Crude Oil (WTI) Caution.

(31 JULY 2020)Crude Oil (WTI) Caution.

31 July 2020, 09:20
Jiming Huang
0
101

oi
Pivot
 (invalidation): 39.90
Our preference
Long positions above 39.90 with targets at 40.45 & 40.70 in extension.
Alternative scenario
Below 39.90 look for further downside with 39.50 & 39.15 as targets.
Comment
The RSI is mixed and calls for caution.

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