Tanalys

Crude Oil (WTI) (G6) Intraday: intraday support around 36.8.

Pivot: 36.8

Our preference: long positions above 36.8 with targets @ 38.3 38.87 in extension.

Alternative scenario: below 36.8 look for further downside with 36.2 35.8 as targets.

Comment: a support base at 36.8 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

39.42

38.87

38.3

37.27 Last

36.8

36.2

35.8

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