Crude Oil (WTI) (X2) Intraday: under pressure.
Pivot:
86.50
Our preference:
Short positions below 86.50 with targets at 84.50 & 83.75 in extension.
Alternative scenario:
Above 86.50 look for further upside with 87.10 & 88.00 as targets.
Comment:
The immediate trend remains down but the momentum is weak.
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