[text]
Crude Oil (NYMEX) (G5) Intraday: the downside prevails.
Crude Oil News and Analysis
Pivot: 52
Most Likely Scenario: Short positions below 52 with targets @ 48 & 47 in extension.
Alternative scenario: Above 52 look for further upside with 54 & 55.1 as targets.
Comment: The RSI has broken down its 30 level.
Oil Chart
[/text]
Categories :
Tags : Oil oil analysis Oil News
