Tanalys

Crude Oil (WTI) (F6) Intraday: capped by a negative trend line.

Pivot: 41.84

Our preference: Short positions below 41.84 with targets @ 41.08 40.8 in extension.

Alternative scenario: Above 41.84 look for further upside with 42.24 42.6 as targets.

Comment: As long as 41.84 is resistance, likely decline to 41.08.

Supports and resistances:

42.6

42.24

41.84

41.53 Last

41.08

40.8

40.43

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