Crude Oil (WTI) (Z2) Intraday: consolidation.
Pivot:
88.70
Our preference:
Short positions below 88.70 with targets at 87.40 & 86.60 in extension.
Alternative scenario:
Above 88.70 look for further upside with 89.80 & 90.50 as targets.
Comment:
As long as 88.70 is resistance, look for choppy price action with a bearish bias.
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