Tanalys

Crude Oil (WTI) (F6) Intraday: key resistance at 38.6.

Pivot: 38.6

Our preference: short positions below 38.6 with targets @ 36.6 35.9 in extension.

Alternative scenario: above 38.6 look for further upside with 39.2 39.8 as targets.

Comment: as long as the resistance at 38.6 is not surpassed, the risk of the break below 36.6 remains high.

Supports and resistances:

39.8

39.2

38.6

37.91 Last

36.6

35.9

35

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