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Crude Oil Price
Crude Oil (NYMEX) (G5) Intraday: caution.
Pivot: 48.9
Most Likely Scenario: Short positions below 48.9 with targets @ 45.95 & 45.05 in extension.
Alternative scenario: Above 48.9 look for further upside with 49.65 & 51.4 as targets.
Comment: Intraday technical indicators are mixed and call for caution.
Oil Chart
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