Fulcrum level: 39.30
Preferred scenario: Positions above the 39.30 levels, targeting the 41.30 and 42.40 levels
Alternative scenario: short positions at 39.30 levels, targeting 37.30 then 34.75 levels
Comment: US crude is still trading with the highest moving averages (200 - 100), and the liquidity flow index is witnessing a positive change.