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TheConcierge

USOIL

Short
CFDs on Crude Oil (WTI) (FX:USOIL)  
TheConcierge  
FX:USOIL   CFDs on Crude Oil (WTI)
Crude Oil WTI usoilshort usoilanalysis usoilprediction usoilforecast usoiltrade
5
0
usoil usoilshort usoilanalysis usoilprediction usoilforecast usoiltrade
Pivot: 49.30

Most Likely Scenario: short positions below 49.30 with targets @ 48.00 & 47.50 in extension.

Alternative scenario: above 49.30 look for further upside with 50.00 & 50.35 as targets.

Comment: the RSI lacks upward momentum.
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