(16 JULY 2020)Crude Oil (WTI) Bullish bias above 40.40.
<p>Pivot</p>
<p> (invalidation): 40.40 Our preference</p>
<p>Long positions above 40.40 with targets at 41.25 & 41.60 in extension.</p>
<p>Alternative scenario</p>
<p>Below 40.40 look for further downside with 40.10 & 39.80 as targets.</p>
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