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Oil News
Crude Oil (NYMEX) (J5) Intraday: further advance.
Pivot: 48.7
Most Likely Scenario: Long positions above 48.7 with targets @ 51.25 & 52.5 in extension.
Alternative scenario: Below 48.7 look for further downside with 47.8 & 47 as targets.
Comment: The RSI is mixed to bullish.
Crude Oil (NYMEX) (J5) Intraday: further advance.
Oil Chart
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