Tanalys

Crude Oil (WTI) (G6) Intraday: bullish bias above 36.2.

Pivot: 36.2

Our preference: long positions above 36.2 with targets @ 37.45 37.88 in extension.

Alternative scenario: below 36.2 look for further downside with 35.8 35.35 as targets.

Comment: a support base at 36.2 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

38.3

37.88

37.45

36.74 Last

36.2

35.8

35.35

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