Tanalys

Crude Oil (WTI) (H6) Intraday: continuation of the rebound.

Pivot: 29.7

Our preference: long positions above 29.7 with targets @ 31.35 32 in extension.

Alternative scenario: below 29.7 look for further downside with 29.2 28.85 as targets.

Comment: the break above 29.7 is a positive signal that has opened a path to 31.35.

Supports and resistances:

32.55

32

31.35

30.95 Last

29.7

29.2

28.85

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