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Crude Oil (WTI) (F4) Intraday: the downside prevails.
2023-12-04
806
Pivot: 75.00
Our preference: short positions below 75.00 with targets at 73.10 & 72.00 in extension.
Alternative scenario: above 75.00 look for further upside with 75.80 & 76.40 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
76.40
75.80
75.00
73.70 Last
73.10
72.00
71.00
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.
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