| TRADE IDEA Crude Oil (Sep 12) intraday: the bias remains bullish. |
Pivot: 94.50
Our Preference: LONG positions above 94.5 with 96 & 97 in sight. Alternative scenario: The downside penetration of 94.5 will call for a slide towards 93.9 & 93.5. Comment: the 50 period moving average is heading up and in support. |
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