Tanalys

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

Pivot: 45.8

Our preference: Long positions above 45.8 with targets @ 47.85 48.6 in extension.

Alternative scenario: Below 45.8 look for further downside with 45.23 44.6 as targets.

Comment: The break above 45.8 is a positive signal that has opened a path to 47.85.

Supports and resistances:

49.2

48.6

47.85

46.78 Last

45.8

45.23

44.6

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version