Tanalys

Crude Oil (WTI) Intraday: consolidation in place.

Pivot: 47

Our preference: Short positions below 47 with targets @ 45.7 45.2 in extension.

Alternative scenario: Above 47 look for further upside with 47.85 48.46 as targets.

Comment: The RSI is mixed with a bearish bias.

Supports and resistances:

48.46

47.85

47

45.98 Last

45.7

45.2

44.6

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