Crude Oil (WTI) (V3) Intraday: further advance.
Our preference: long positions above 88.80 with targets at 89.60 & 90.00 in extension.
Alternative scenario: below 88.80 look for further downside with 88.40 & 88.00 as targets.
Comment: the RSI is bullish and calls for further upside.
Supports and resistances:
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.