Tanalys

Crude Oil (WTI) Intraday: key resistance at 47.5.

Pivot: 47.5

Our preference: Short positions below 47.5 with targets @ 45.23 44.6 in extension.

Alternative scenario: Above 47.5 look for further upside with 48.46 49.2 as targets.

Comment: The RSI is well directed.

Supports and resistances:

49.2

48.46

47.5

46.1 Last

45.23

44.6

43.96

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version