Crude oil update * March 4th

$89.75 target met.

Keeping the scenarios laid out on March 1st .-

Provided downside continues, I would be looking at $89 to see if some buying interest arises, followed by $88.50.

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Alternatively, if lower value areas do not find continuation on selling energy, I would be looking at $91-$90.50 for possible bounce area to reassess current bias, followed by $93.20-$92.30.

DP.-

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One thought on “Crude oil update * March 4th

  1. Pingback: Crude Oil update * March &th | Demian Pack

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