Tanalys

Crude Oil (WTI) (F6) Intraday: key resistance at 39.8.

Pivot: 39.8

Our preference: short positions below 39.8 with targets @ 39.16 38.52 in extension.

Alternative scenario: above 39.8 look for further upside with 40.7 41.8 as targets.

Comment: as long as the resistance at 39.8 is not surpassed, the risk of the break below 39.16 remains high.

Supports and resistances:

41.8

40.7

39.8

39.19 Last

39.16

38.52

38

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version