Tanalys

Crude Oil (WTI) (F6) Intraday: key resistance at 42.76.

Pivot: 42.76

Our preference: Short positions below 42.76 with targets @ 41.24 40.76 in extension.

Alternative scenario: Above 42.76 look for further upside with 43.25 43.53 as targets.

Comment: As long as 42.76 is resistance, likely decline to 41.24.

Supports and resistances:

43.53

43.25

42.76

41.61 Last

41.24

40.76

40.22

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