Fulcrum level: 37.50
Preferred scenario: Sell positions, the lowest of 37.50 levels, targeting the 36 levels. Then the 34.40
Alternative scenario: long positions above the 37.50 levels, targeting 38.60 then 40.20 levels
Comment: Crude is still trading the lowest moving averages (200 - 100), and the liquidity flow index is approaching overbought levels