Pivot: 83.20
Most Likely Scenario: SHORT positions below 83.2 with targets @ 81.05 & 80.
Alternative scenario: The upside penetration of 83.2 will call for 83.85 & 84.5.
Comment: The RSI is bearish and calls for further downside.
Tuesday, June 12, 2012
Crude Oil Intraday | Pre-EU
Crude Oil (Jul 12) intraday: the downside prevails.
Pivot: 83.20
Most Likely Scenario: SHORT positions below 83.2 with targets @ 81.05 & 80.
Alternative scenario: The upside penetration of 83.2 will call for 83.85 & 84.5.
Comment: The RSI is bearish and calls for further downside.
Pivot: 83.20
Most Likely Scenario: SHORT positions below 83.2 with targets @ 81.05 & 80.
Alternative scenario: The upside penetration of 83.2 will call for 83.85 & 84.5.
Comment: The RSI is bearish and calls for further downside.
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