$CL
(WTI) Crude Oil (X6) Daily Trading: Caution.
Pivot point: 96.00

Preferred scenario: Buy positions above 96.00, with targets at 100.00 and 101.40.

Alternative scenario: Below 96.00, targeting 94.80 and 93.50 as targets.

Technical comment: Relative Strength indicator is mixed and calls for caution

Support and Resistance Levels:
103.20 **
101.40 **
100.00 **
96.37 Last price
96.00 ***
94.80 ***
93.50 **

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