Tanalys

Crude Oil (WTI) (H6) Intraday: under pressure.

Pivot: 31

Our preference: short positions below 31 with targets @ 29.3 28.85 in extension.

Alternative scenario: above 31 look for further upside with 31.75 32.7 as targets.

Comment: as long as 31 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

32.7

31.75

31

29.8 Last

29.3

28.85

27.85

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