Tanalys

Crude Oil (WTI) (G6) ST: capped by a negative trend line.

Pivot: 43.5

Our preference: short positions below 43.5 with targets @ 33 28 in extension.

Alternative scenario: above 43.5 look for further upside with 48.45 51 as targets.

Comment: the RSI is capped by a bearish trend line.

Supports and resistances:

51 **

48.45 **

43.5 ***

36.37 Last

33 ***

28 **

25 **

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version