Tanalys

Crude Oil (WTI) (F6) Intraday: key resistance at 38.41.

Pivot: 38.41

Our preference: short positions below 38.41 with targets @ 35.9 35 in extension.

Alternative scenario: above 38.41 look for further upside with 39.01 39.8 as targets.

Comment: as long as 38.41 is resistance, likely decline to 35.9.

Supports and resistances:

39.8

39.01

38.41

36.74 Last

35.9

35

33.95

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