Tanalys

Crude Oil (WTI) (G6) Intraday: bullish bias above 36.65.

Pivot: 36.65

Our preference: long positions above 36.65 with targets @ 38.28 38.53 in extension.

Alternative scenario: below 36.65 look for further downside with 36.3 36.1 as targets.

Comment: a support base at 36.65 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

39.14

38.53

38.28

36.98 Last

36.65

36.3

36.1

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