Tanalys

Crude Oil (WTI) (F6) Intraday: bullish bias above 34.38.

Pivot: 34.38

Our preference: long positions above 34.38 with targets @ 35.75 36.2 in extension.

Alternative scenario: below 34.38 look for further downside with 34 33.5 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:

36.88

36.2

35.75

34.7 Last

34.38

34

33.5

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