Tanalys

Crude Oil (WTI) (F6) Intraday: bullish bias above 41.86.

Pivot: 41.86

Our preference: Long positions above 41.86 with targets @ 43.45 43.9 in extension.

Alternative scenario: Below 41.86 look for further downside with 41.26 40.43 as targets.

Comment: A support base at 41.86 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

44.55

43.9

43.45

42.54 Last

41.86

41.26

40.43

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