Tanalys

Crude Oil (WTI) (F6) Intraday: under pressure.

Pivot: 42

Our preference: Short positions below 42 with targets @ 40.22 39.9 in extension.

Alternative scenario: Above 42 look for further upside with 42.76 43.25 as targets.

Comment: As long as 42 is resistance, likely decline to 40.22.

Supports and resistances:

43.25

42.76

42

40.8 Last

40.22

39.9

39.46

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